Asked by renee

Cassandra bought a dresser for $500. If the value of the dresser increases 6% annually, what will be the value of Cass's dresser at the end of 3 years to the nearest dollar?
Answered by Ms. Sue
500 * 1.06 = 530 >> end of year 1
530 * 1.06 = 561.80 >> end of year 2

?? >>> end of year 3

Answered by renee
i mean how much will the dresser cost in 3 years?
Answered by Ms. Sue
Follow the same pattern I showed you to find its value in three years.

Answered by annonymous
where does the 1.06 come from?
Answered by student
where does 1.06 come from
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