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Problem $5-14$ Calculating Rates of Return $[$LO$3]$

$5$

points

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During $2003,$ Sotheby's sold the John Elton painting Petite Danseuse at auction for a price of $$10,211,500.$ Unfortunately for the previous owner, he had purchased it in $2000$ at a price of $$12,177,500.$ What was his annual rate of return on this sculpture?

Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Answer is complete but not entirely correct.

$\backslash$table$[[$Annual rate of return,$-6\mathrm{.}26$ox$,\%]]$

PLEASE help me with this question i keep getting it wrong