Answer :
here are formulas we choose from
Increasing: y = a (1 + r)x Decreasing: y = a(1 - r)x
we want increasing
422000(1+.12)^5
743,708 (you don't want the decimals because you can't divide a human...)
Increasing: y = a (1 + r)x Decreasing: y = a(1 - r)x
we want increasing
422000(1+.12)^5
743,708 (you don't want the decimals because you can't divide a human...)