Final answer:
The sequence {1.000005^n} diverges monotonically, because it increases without bound as n goes to infinity, and does not converge to a specific limit.
Step-by-step explanation:
To determine whether the following sequence converges or diverges and describe whether it does so monotonically or by oscillation, we analyze the given sequence {1.000005^n}. This sequence represents an exponential function with a base slightly greater than 1. As n increases, 1.000005^n also increases, but at an extremely slow rate since the base is very close to 1. Exponential functions of the form a^n with 0 < a < 1 decrease monotonically towards zero, while those with a > 1 increase monotonically towards infinity. Since the base here (1.000005) is greater than 1, the sequence is monotonic. It does not oscillate, as the term oscillation implies a sequence that repeatedly moves up and down between two values, which is not the case for exponential functions. Therefore, the given sequence diverges monotonically, because it increases without bound as n goes to infinity. This means the sequence does not converge to a specific finite limit.