Suppose the First Comic Book of a Classic Series Was

Multiple Choice

Suppose the first comic book of a classic series was sold in 1954. In 2017, the estimated price for this comic book was $310,000, which is an annual return of 22 percent. For this to be true, what was the original price of the comic book in 1954?

A) $1.00
B) $.97
C) $1.33
D) $1.12
E) $1.20