Marti's coin collection contains fifty 1948 silver dollars. Her grandparents purchased them at their face value in 1948. These coins have appreciated by 7.6 percent annually. How much will the collection be worth in 2025?
A) $13,611.18
B) $18,987.56
C) $14,122.01
D) $11,218.27
E) $14,077.16

Question

Quizplus · Accepted Answer

The Answer of Marti's coin collection contains fifty 1948 silver dollars. Her grandparents purchased them at their face value in 1948. These coins have appreciated by 7.6 percent annually. How much will the collection be worth in 2025?
A) $13,611.18
B) $18,987.56
C) $14,122.01
D) $11,218.27
E) $14,077.16

Marti's Coin Collection Contains Fifty 1948 Silver Dollars