Friday, 23 February 2018

The original Barbie doll was introduced in 1972 and sold for approximately $3.00. In year 2015, a mint-condition doll


The original Barbie doll was introduced in 1972 and sold for approximately $3.00. In year 2015, a mint-condition doll in its original box would be listed on EBay at approximately $700.00. What average annual rate of return would the seller realize if she had been the original purchaser of this ‘investment’? A. 13.52% B. 14.95% C. 9.71% D. 19.84% E. 10.47%

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