Hi. Can you please explain why when I typed in (1.06)^5(1.1)^5-1 in the calculator I get an answer that is different from when I typed 500(1.06)^5(1.1)^5-1?

Also the correct answer is written in red, but I got 1076.61. Is it just the calculators or is it because of the math? If so please explain.

Stock son Do Accumulated retums % after 10 years (106) 5 (1.10)5-1 (Accumu Accumulated returns % aster 10 years = (1+69J5 (1+10%)5-1 = (1+0.06)S (1+0.15-1 =(1.06) 5 (1.1)5-1 -1.15 523 567 - 115.5aas 675 115.5a% (115522567)(100) b> to get a 90 Accumulated amount aster 10 years = 500 (1+69)$(1+10%)5 - = 500 CI+0.06)$(1+0.195 - -500 (1.06) (1.1) 5-1 = 1076.612837 5500 (1.155aa567) 1076.01 $1,077.61 wrong? -577.612 9 375 Why is this