(Related to Checkpoint 5.6) (Solving for i financial calculator needed) In September 1963, the first...
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(Related to Checkpoint 5.6) (Solving for i financial calculator needed) In September 1963, the first issue of the comic book X-MEN was issued. The original price for the issue was $0.12. By September 2016, 53 years later, given the condition it's in, the value of this comic book had risen to $14,500. What annual rate of interest would you have earned if you had bought the comic in 1963 and sold it in 2016? The annual rate of interest you would have earned if you had bought the comic book in 1963 and sold it in 2016 is | %. (Round to two decimal places.)
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