Question

Cassandra bought an antique dresser for $500. If the value of her dresser increase 6% annually, what will be the value od Cassandra's dresser at the end of 3 years to the nearest dollar?

Answer 1

500 * 1.06 = 530 >> end of year 1
530 * 1.06 = 562 >> end of year 2

??? >> end of year 3