Answer:
6825
Step-by-step explanation:
From the equation, the series is a geometric series, such that
a = 5
r = 4
n = 6
sum of a geometric series is a(r^n - 1)/(r - 1)
therefore,
sum of the series is 5 x (4^6 - 1) / (4 - 1)
= 5 x (4096 - 1) / 3
= 5 x 4095 / 3
= 6825
Approx. 5 miles I would say give or take the 1/2 mile shortcut by taking a straight path back to the house. I don't know if you need an exact distance but I hope this helps.
All you have to do is plug in the 2 for x which gives you 8 as the answer
<span>Without compound interest, Stan would earn only $8,800.00. This means that thanks to the power of compound interest Stan will earn an additional $1,191.83 in interest at the end of the 5-year-term.</span>
