SOLUTION: Trying to figure out the rate. I have the answer 0.055 but i need to know how to work r=(6894.21^5000)*1^6

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Question 1168616: Trying to figure out the rate. I have the answer 0.055 but i need to know how to work r=(6894.21^5000)*1^6
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
Trying to figure out the rate. I have the answer 0.055 but i need to know how to work r=(6894.21^5000)*1^6
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It's ambiguous.
What is raised to the power of 6?
1^6 = 1