Suppose That the First Comic Book of a Classic Series

Multiple Choice

Suppose that the first comic book of a classic series was sold in 1966. In 2012, the estimated price for this comic book in good condition was about $340,000. This represented a return of 27 percent per year. For this to be true, what was the original price of the comic book in 1966?

A) $5.00
B) $5.28
C) $5.50
D) $5.71
E) $6.00