Assume that in 2015, the first edition of a comic book For this to have been true, what was the annual increase in the value of the comic b Annual increase r s was sold at auction for $1,050.000....

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Assume that in 2015, the first edition of a comic book For this to have been true, what was the annual increase in the value

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Answer #1

Annual increase= [(Future Value/PV) ^(1/n) ]-1

Future vaule= 1,050,000

PV=0.05

[(1,050,000/0.05)^(1/76)]-1

= 24.84%

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Assume that in 2015, the first edition of a comic book For this to have been true, what was the annual increase in the value of the comic b Annual increase r s was sold at auction for $1,050.000....

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Assume that in 2015, the first edition of a comic book For this to have been true, what was the annual increase in the value of the comic b Annual increase r s was sold at auction for $1,050.000....

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Assume that in 2018, the first edition of a comic book was sold at auction for...

Assume that in 2015, the first edition of a comic book For this to have been true, what was the annual increase in the value of the comic b Annual increase r s was sold at auction for $1,050.000....

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Add Answer to: Assume that in 2015, the first edition of a comic book For this to have been true, what was the annual increase in the value of the comic b Annual increase r s was sold at auction for $1,050.000....

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Assume that in 2018, the first edition of a comic book was sold at auction for...

Add Answer to:
Assume that in 2015, the first edition of a comic book For this to have been true, what was the annual increase in the value of the comic b Annual increase r s was sold at auction for $1,050.000....