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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