1. You've run out of money for? college, and your college roommate has an idea for you. He offers to lend you ?$15000?, for which you will repay him ?$37313 at the end of 5 years. If you took this? loan, what interest rate would you be paying on? it?
2. In March? 1963, Ironman was introduced in issue 39 of the comic book Tales of Suspense. The original price for that issue was ?$0.14. By March 2016 53 years? later, the value of this comic? book, given the condition? it's in, had risen to $10,000. What annual rate of interest would you have earned if you had bought the comic book in 1963 and sold it in 2016??