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Mathematics, 05.05.2020 09:46 vane8229

A 1984 Star Rookie card of Michael Jordan could
be purchased for 20¢ that year. In 1999 this same
card in "mint" condition was valued at $300.
What rate of interest, compounded annually,
corresponds to an investment of 20€ in 1984 that
grows to $300 fifteen years later?

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