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Your coin collection contains 58 1952 silver dollars. Required: If your grandparents purchased them for their face value when they were new, how much will
Your coin collection contains 58 1952 silver dollars. Required: If your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2054, assuming they appreciate at a 6.5 percent annual rate? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
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