а) Trump Art collection is one of the best in the world and most importantly has huge profits. In December 2020, Trump sold a rear brass sculpture – Island of La Trinity at an auction for a price of...


а)<br>Trump Art collection is one of the best in the world and most importantly has huge profits. In December<br>2020, Trump sold a rear brass sculpture – Island of La Trinity at an auction for a price of $20,500,200.<br>He bought this artwork in December 2017 at a price of $24,750,500. What was his annual rate of return<br>on this rear brass sculpture? Show all workings.<br>

Extracted text: а) Trump Art collection is one of the best in the world and most importantly has huge profits. In December 2020, Trump sold a rear brass sculpture – Island of La Trinity at an auction for a price of $20,500,200. He bought this artwork in December 2017 at a price of $24,750,500. What was his annual rate of return on this rear brass sculpture? Show all workings.

Jun 06, 2022
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