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Elena purchased a stamp collection for $8,250 five years ago. If it appreciated 7.4% annually, what is it worth today? (Keep 2 decimal places)
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- Your coin collection contains 41 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 2051, assuming they appreciate at an annual rate of 6 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)Your coin collection contains fifty 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 2067, assuming they appreciate at an annual rate of 4.3 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future valuePlease answer me in typing, avoid images and handwriting. 5.Your coin collection contains fifty 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 2060, assuming they appreciate at a 4.1 percent annual rate?
- An aunt wants to make a gift of $100,000.00 to their niece's for her college education on her 21st birthday. How much would have been invested on the day of their niece's birth if their investment could earn: a) 9% compounded continuously? $ (Round to 2 decimal places.) b) 9.5% compounded continuously? $ (Round to 2 decimal places.)Your coin collection contains 49 1950 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 2045, assuming they appreciate at a 10 percent annual rate?One year ago, Sinem deposited $80,000 in her investment account for the purpose of buying a flat fuve years from today. Today she is adding another $20,000 to her account. She plans on making a final deposit of $35,000 to the account one year from today. If the interest rate is 10% how much cash will be available in her investment account when she is ready to buy the flat? (Round 2 decimal places e.g 18.64)
- Today is a Tamara's 25th birthday, she decided to deposited a 14500 at a rate of 12% per annum to her personal account. If she increases his deposit by 10% each year until the 30th birthday, find the present worth of her money. (2 decimal places only, rounded off) Amount -Gilberto opened a savings account for his daughter and deposited $1300 on the day she was born. Each year on her birthday, he deposited another $1300. If the account pays 10% interest, compounded annually, how much is in the account at the end of the day on her 7th birthday? At the end of the day on her 7th birthday, the amount in the account is $. (Simplify your answer. Type an integer or a decimal. Round to the nearest cent if needed.)An aunt wants to make a gift of $120,000.00 to their niece's for her college education on her 21st birthday. How much would have been invested on the day of their niece's birth if their investment could earn:a) 8% compounded continuously? $. (Round to 2 decimal places.)b) 8.5% compounded continuously? $. (Round to 2 decimal places.