Calculating the return on an investment

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A 1949 Vincent Black Shadow Series V motorcycle sold for about $45,000 in 1996. If you were fortunate enough to have bought one new for $630 in 1949, what return did you earn on your investment?

If the value of a $20,000 1998 Bimota Supermono appreciates at the same rate, what will it be worth in another 47 years?

Reference no: EM1367078

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