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Your coin collection contains 51 1952 silver dollars. If your grandparents purchased them for their face value when they were new, how much will
Your coin collection contains 51 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 2061, assuming they appreciate at an annual rate of 5.8 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Value of collection For each of the following, compute the present value: Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Present Value Years Interest Rate Future Value 10 6% $ 17,928 2 11 % 42,117 14 14 % 796,382 19 13% 653,816
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