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y=5823\times 1.1159^{1}
Add 1 and 0.1159 to get 1.1159.
y=5823\times 1.1159
Calculate 1.1159 to the power of 1 and get 1.1159.
y=6497.8857
Multiply 5823 and 1.1159 to get 6497.8857.