Net Terminal Cost

I am unsure how to work out Net Terminal cost on a calculator i.e I have an example of :
£12,345 x (1+0.1)n where n = 5
the answer is £19,882 but i am not sure how to calculate the answer

Comments

  • darren100darren100 Posts: 17AAT Student, AATQB
    this is now solved on a scientific calculator it is 12.345 x 1.1 then to the power of button 5 = 19,882 rounded
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