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Exponential growth formula: \( U(t) = U_0 \times (1 + r)^t \)
\[ U(t) = 50,000 \times (1 + 0.10)^{12} \]
Calculate \( (1.10)^{12} \):
\[ (1.10)^{12} \approx 3.138428 \]
Calculate \( U(t) \):
\[ U(t) = 50,000 \times 3.138428 \approx 156,921.4 \]
Round to the nearest whole number:
\[ U(t) \approx 156,921 \]
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