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x\times 1.04^{2}
Add 1 and 0.04 to get 1.04.
x\times 1.0816
Calculate 1.04 to the power of 2 and get 1.0816.
x\times 1.04^{2}
Add 1 and 0.04 to get 1.04.
x\times 1.0816
Calculate 1.04 to the power of 2 and get 1.0816.