Task 2 Time value of money Questions: 3. Marti's coin collection contains fifty 1937 silver dollars. Her grandparents purchased them at their face value ($50) in 1937. These coins have appreciated by 8.2 percent annually. How much will the collection be worth in 2020? (2.5 points) 4. Five years ago, you invested $1,800. Today it is worth $2,215. What rate of interest did you earn? (2.5 points) 5. On your tenth birthday, you received $400 which you invested at 6.2 percent interest, compounded annually. Your investment is now worth $856. How old are you today? (2.5 points) 6. How much more money would you make on investments that pay interest compounded annually and that pays simple interest, given the 8% interest rate. $150.000 deposit amount and 15 years? (5 points)