Question

An equation,y=5000(1+.05)^x,is solved for when x =500. What is the value of y?

Answer 1

Answer:

y = 1.97 × 10¹⁴

Step-by-step explanation:

y = 5000[(1.05)^x]

When x = 500

y = 5000(1.05^5000)

y = 1.966163091 × 10¹⁴

y = 1.97 × 10¹⁴