Your Coin Collection Contains Fifty-Four 1941 Silver Dollars

question 19

Multiple Choice

Your coin collection contains fifty-four 1941 silver dollars.Your grandparents purchased them for their face value when they were new.These coins have appreciated at a 10 percent annual rate.How much will your collection be worth when you retire in 2060?

• A)$3,611,008
• B)$3,987,456
• C)$4,122,394
• D)$4,421,008
• E)$4,551,172

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