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An individual purchased a 160-acre farm in 1986 and sold it

The per acre value of Iowa farmland in 1986 was $787. The per acre value of Iowa farmland in 2014 was $10,726. An individual purchased a 160-acre farm in 1986 and sold it in 2014. Draw the cash flow diagram and determine the rate of return. Show your work.

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Business Management: An individual purchased a 160-acre farm in 1986 and sold it

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Business Management: An individual purchased a 160-acre farm in 1986 and sold it

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