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

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