Cassandra bought an antique dresser for $500. if the value of her
dresser increases 6% annually, what will be the value of cassandra's dresser at the end of 3 years to the nearest dollar?

A=P(1+i)^n
A=500(1+0.06)^3
A=500(1.06)^3 A=500(1.19)
A=595

A stands for the value of Cassandra's dresser at the end of 3 years rounded to the nearest dollar. P is the original price. 1+i refers to interest, and the exponent 3 refers to three years. The correct answer is $595.