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two thousand (one plus zero point zero one two) to the power of eight

 Nov 11, 2022
 #1
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2000 * (1+0.012) * 8

2000 * 1.012 * 8

2024 * 8

16192

The answer is 16192.

 Nov 11, 2022
 #2
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two thousand (one plus zero point zero one two) to the power of eight   

I hope you weren't as confused as I am about what  

the number is that you mean.  Here's my guess:  (2001.012)8   

 

Necessary to use a scientific calculator to raise it to that exponent.  

 

The result I got:  2.57038 x 1026    That's sort of an unsatisfying answer, but whatever.

.

 Nov 11, 2022
 #3
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FV ==2,000 * [1 + 0.012]^8

FV ==2,000 * 1.012^8

FV ==2,000 *  1.100130233538486636445696

 

FV ==$2,200.26 - this is the correct answer.

 Nov 11, 2022
 #4
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So far there are three answers and all three of them are different. 

The cause of these discrepancies is the ambiguity of the problem. 

The problem is poorly stated, and therefore open to interpretation. 

Guest Nov 11, 2022

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