Precalculus (10th Edition)

Published by Pearson
ISBN 10: 0-32197-907-9
ISBN 13: 978-0-32197-907-0

Chapter 5 - Exponential and Logarithmic Functions - 5.3 Exponential Functions - 5.3 Assess Your Understanding: 19

Answer

$\approx1.265$

Work Step by Step

We calculate it by using a calculator and then round it to the first 3 decimal digits. $(1+0.04)^6=1.04^6\approx1.265$
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