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 2060, assuming they appreciate at a 5.7% annual rate

$19,909.88

Explanation:

Calculation to determine how much will your collection be worth when you retire in 2060,

Future value = Present value x (1 + r )n

Present value = 50

r = 5.7% or 0.057

n = 2060- 1952= 108

Plugging these values in the above mentioned formula, we shall get:

Future value= $ 50 x ( 1 + 0.057 )^108

Future value= $ 50 x ( 1 +.057 )^108

Future value= $19,909.88 Approximately

Therefore how much will your collection be worth when you retire in 2060 is $19,909.88

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation: