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HighSchool97654
HighSchool97654
19.05.2021 • 
Mathematics

At the beginning of the year, the number of books owned by library was 10,000. Since then, it has grown by 1% each month. Which expression represents the number of books I want by the library five years later if it continues to grow at that rate?

10,000 (1.01)^60
10,000 ((1+0.01)^12)^60
10,000 (1.01)^5
10,000 (0.01)^60
10,000 ((1 + 0.01)^12)^5

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