Question

how do you solve this problem using excel or a calculator? 500 X (1.05)to 10th power to indicate 10 years.

Answer 1

is this interest problem

Answer 2

trying to find growth of income in 10 years at 5% growth

Answer 3

In the first cell of excel( IE A1) Type this
=500(1.05)

In the second cell
=A1*(1.05)

then drag the corner down

Answer 4

http://www.youtube.com/watch?v=wV1FrqwZyKw&feature=feedlik

Answer 5

Thanks

Answer 6

no prob