Show transcribed image text A coin that was featured in a famous novel sold at auction in 2014 for $3, 158,000. The coin had a face value of $2 when it was issued in 1786 and had previously been sold for $420,000 in 1971. At what annual rate did the coin appreciate from its first minting to the 1971 sale? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) At what annual rate did the 1971 buyer earn on his purchase? (Do not round intermediate calculation. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) At annual rate did the coin appreciate from its first minting to the 2014 sate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
A coin that was featured in a famous novel sold at auction in 2014 for $3, 158,000. The coin had a face value of $2 when it was issued in 1786 and had previously been sold for $420,000 in 1971. At what annual rate did the coin appreciate from its first minting to the 1971 sale? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) At what annual rate did the 1971 buyer earn on his purchase? (Do not round intermediate calculation. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) At annual rate did the coin appreciate from its first minting to the 2014 sate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
