# Question 79d9a

You want the value of $5.05 {\left(1.06\right)}^{3}$.
This is equal to $5.05 \times \left({1.06}^{3}\right)$, or $5.05 \times 1.06 \times 1.06 \times 1.06$.
This can be put into a calculator for a rounded value of \$6.01#.