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Interest rate. In 1972, Bob purchased a new Datsun 2402 for $3,000. Dutsun later chwogd...

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Accounting

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Interest rate. In 1972, Bob purchased a new Datsun 2402 for $3,000. Dutsun later chwogd ts nome to thistan, and the 197 Dattiun 2602 became a clastic. Bob hept hs car in car for another thirty years and eatns the same rade, what could be sell the car for in 2032 ? What was Bob's anceadized rale of retum for the 30 yoars the cwrod tivs ca? 6. (Round to two decimal places.)

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