okYour coin collection contains 85 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 2062, assuming they appreciate at an annual rate of 5.1 percent?Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.Value of collection

Present Value = pv = 85Interest Rate = r = 5.1%Time = t = 2062 - 1952 = 110

Answered: Your coin collection contains 85 1952…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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appropriate discount rate is 8.45 percent? 12. Calculating Future Values 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 2063, assuming they appreciate at an annual rate of 4.8 percent?
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Subject-Acounting
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Provide manual solutions for below mentioned problems. A social worker deposits a uniform amount of P12,000 at the end of each year in order to get a lump sum of money by the time she will retire at the end of 20 years. If the compound amount factor for this annuity is equal to 36.78559. 1. Compute the nominal interest rate.2. Determine how much will she receive at the end of 20 years.3. Determine the worth of the sinking fund factor in this fund invested. Answer. 1. 6% 2. P441,427.08 3. 0.027184557
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Ee 86.
please help me dont give answer in mage format

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