You just purchased two coins at a price of $430 each. Because one of the coins is more collectible, you believe that its value will increase at a rate of 6.7 percent per year.While you believe the second coin will only increase at 6.1 percent per year. 

If you are correct, how much more will the first coin be worth in 25 years?

Answer rating: 100% (QA)

To calculate this we can use the formula for compound interest A P1 rnnt Where A is the future value ... View the full answer