1. Compute the present value if future value (FV) = $3,224, interest rate (r) = 5.3%, and number of years (t) = 17. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):

2. 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 2,069, assuming they appreciate at an annual rate of 5.3 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

I will make sure to thumbs up !