Given:
Camilo purchased a coin from the dealer for $300.
Value of the coin increases 5% per year.
[tex]\begin{gathered} \text{Value of the coin in 5 years=}300(1+\frac{5}{100})^5 \\ \text{Value of the coin in 5 years=}300(\frac{105}{100})^5 \\ \text{Value of the coin in 5 years=}300(1.2763) \\ \text{Value of the coin in 5 years= \$382.}89 \end{gathered}[/tex]
