Your coin collection contains 51 1952 silver dollars. If your grandparents purchased them for their face...

Transcribed Image Text:

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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of collection 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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of collection