SOLUTION: 110,000 (1 + .03)^ 5 S = ??? I keep getting 126,500 when it should be 127,520.15.

SOLUTION: 110,000 (1 + .03)^ 5 S = ??? I keep getting 126,500 when it should be 127,520.15.

Algebra.Com

Question 85578: 110,000 (1 + .03)^ 5
S = ???
I keep getting 126,500 when it should be 127,520.15.

Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!

Add

Raise to the fifth power

Multiply

So when rounded to the nearest hundredths you get

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