Posted by **Rock** on Tuesday, December 13, 2011 at 8:17pm.

Please Help...

You buy a commemorative coin for $25. The value of the coin increases 3.25% per year. How much will the coin be worth in 15 years? Round to the nearest cent.

- Alg2 -
**Reiny**, Tuesday, December 13, 2011 at 8:57pm
what is 25(1.0325)^15 ?

- Alg2 -
**Rock**, Tuesday, December 13, 2011 at 9:37pm
387.187

- Alg2 -
**Reiny**, Wednesday, December 14, 2011 at 8:33am
no,,,,

25(1.0325)^15

= 25(1.61566..

=40.39

## Answer this Question

## Related Questions

- Alg2 - Help...Please... You buy a commemorative coin for $25. The value of the ...
- Alg 2 - Please Help... You buy a commemorative coin for $25. The value of the ...
- MATH - 24 1c coins are set out in a row on a table. Then every 2nd coin is ...
- math - Using pennies, nickels, dimes or quarters, determine which kind of coin ...
- MATHS - 24 1c coins are set out in a row on a table Then every 2nd coin is ...
- physics - Ten ,one rupees coin are put on the top of at each other on a table ...
- physics - Ten , one rupees coin are put on the top at of each other on a table. ...
- Physics - A 5.6 g coin sliding to the right at 22.6 cm/s makes an elastic head-...
- Physics - A 5.3 g coin sliding to the right at 26.8 cm/s makes an elastic head-...
- physics HELP! - A 4.0 g coin sliding to the right at 26.0 cm/s makes an elastic ...