Your Coin Collection Contains Ten 1949 Silver Dollars

Multiple Choice

Your coin collection contains ten 1949 silver dollars.If your grandparents purchased the coins for their face value when they were new, how much will your collection be worth when you retire in 2065, assuming the coins appreciate at an annual rate of 5.1 percent?

A) $3,440.63
B) $2,329.29
C) $3,348.98
D) $3,205.64
E) $2,644.29