SOLUTION: can someone please help I am stuck on this problem and cannot figure it out. s=50(1+.70/100)^5 How do you solve this problem?

Algebra ->  Radicals -> SOLUTION: can someone please help I am stuck on this problem and cannot figure it out. s=50(1+.70/100)^5 How do you solve this problem?      Log On


   

Question 152069This question is from textbook
: can someone please help I am stuck on this problem and cannot figure it out.
s=50(1+.70/100)^5 How do you solve this problem? This question is from textbook

Answer by orca(409) About Me  (Show Source):
You can put this solution on YOUR website!
Note that
1%2B0.7%2F100=1%2B0.007=1.007
So
s+=+50%281%2B0.7%2F100%29%5E5=50%2A1.007%5E5=51.77