Question

y = 360,000 * (1 - 0.027)^5

Answer 1

[AI-generated answer — Bot GPT 3.5]

To evaluate the expression, we can simplify it step by step using the order of operations (PEMDAS).

Step 1: Calculate the exponent inside the parentheses.
(1 - 0.027) = 0.973

Step 2: Raise 0.973 to the power of 5.
0.973^5 = 0.8847367601

Step 3: Multiply the result from step 2 by 360,000.
0.8847367601 * 360,000 = 318,084.23564

Therefore, y = 318,084.23564.