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Suppose That in 2010,a $10 Silver Certificate from 1898 Sold

Question 11

Multiple Choice

Suppose that in 2010,a $10 silver certificate from 1898 sold for $11,200.For this to have been true,what would the annual increase in the value of the certificate have been?


A) 6.47 percent
B) 6.81 percent
C) 7.23 percent
D) 7.49 percent
E) 7.97 percent

Correct Answer:

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