How much will your collection be worth when you retire

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Reference no: EM131909927

Your coin collection contains 54 silver dollars minted in 1940. If your grandparents purchased them for their face value when the year they were minted, how much will your collection be worth when you retire in 2071, assuming they appreciate at a 7.1 percent annual rate?

(Round time value factors to 6 decimal places and final answer to the nearest dollar amount. Omit the "tiny_mce_markerquot; sign and commas in your response. For example, $123,456 should be entered as 123456.)

Reference no: EM131909927

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