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Question # 3 : Calculating Future Values Your coin collection contains fifty 1 9 5 2 silver dollars. If your grandparents purchased them for their

Question #

3

Calculating Future Values Your coin collection contains fifty

1952

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

2063,

assuming they appreciate at an annual rate of

4.8

percent?

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