Question

Can someone explain how they are getting this answer pls?

Answer 1

Like I understand how they set it up, i'm just not sure what order they solved it for the 3rd part

Answer 2

exponent = 12*5 = 60

Answer 3

yeah i got that but i got 4.239

Answer 4

(1+0.0291)^60 = 1.19.9

Answer 5

1.1909

Answer 6

google can calculate that

Answer 7

okay, so do you do 0.0291^60 first then add the one?

Answer 8

no,
1+ 0.0291 = 1.0291
then
1.0291^60

Answer 9

got it now ?

Answer 10

Oh yes i get it, okay thank you!

Answer 11

welcome ^_^