1.

You expect to receive $6,000 at graduation in two years. You plan on investing it at 6 percent until you have $92,000. How long will you wait from now?

• 46.85 years

• 54.71 years

• 48.85 years

• 53.74 years

• 44.85 years

2.

Your coin collection contains 50 1958 silver dollars. If your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2051, assuming they appreciate at an annual rate of 11 percent?

• $69,199.09

• $795,753.88

• $836,772.12

• $820,364.83

• $779,346.59