Could you help me with this?

how would you solve this please? Im so confused...

f(x) = 5000 (1.0120)^2.. i did this a while ago and I know that the answer ends up being 5212.20 but i didnt save how to actually do it.. I only wrote down that answer

Question

Could you help me with this?

how would you solve this please? Im so confused...

f(x) = 5000 (1.0120)^2.. i did this a while ago and I know that the answer ends up being 5212.20 but i didnt save how to actually do it.. I only wrote down that answer

anonymous · Answer

@ganeshie8

ghostgate · Answer

Well, to solve this, multiply 1.012 by 1.012 which equals 1.024144, 1.024144 x 5,000 = 5,120.72. Does that help explain it?