The value of a gold coin picturing the head of the Roman Emperor Marcus Aurelius is increasing at the rate of 11% per year. If the coin is worth $115 now, what will it be worth in 11 years? PLEASE HELP!!

To add 11% to an amount means to multiply the amount by 1.11.

You can start with $115 and multiply it by 1.11 eleven times.

A quicker way is to find 1.11^11 and then multiply by $115.

$115 * 1.11^11 = $115 * = 3.151757 = $362.45

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ayoushivt ayoushivt · Answer 2 · 2022-06-03T10:48:08+02:00

The worth of coin in 11 years will be $127.65.

What is meant by percentage increase ?

The difference between the two figures you're comparing (increase). Then multiply the result by 100 by dividing the increase by the original number.

It is given that the value of a gold coin picturing the head of the Roman Emperor Marcus Aurelius is increasing at the rate of 11% per year:

The price today is $115

Increasing Rate = 11%

Time = 11 years

Price after 11 years = ?

11 = (Price after 11 years - 115)*100 / 115

11*115/100 = Price after 11 years - 115

12.65+115= Price after 11 years

Price after 11 years= $127.65

Therefore the worth of coin in 11 years will be $127.65.

To know more about Percentage Increase

https://brainly.com/question/20818421

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