#1:
Since the coin increases $0.15/yr, then after the first year it is worth $0.575.
1)An old coin was worth 50 cents originally and has been growing exponentially in value by 15% every year. Predict the coin's value after 3.5 years
2) Two investments are made. In one, $2500 is invested at 5% compounded annually. In other, $2000 is invested at 6% compounded annually. When will the investments have the same value?