Final answer:
In the expression 3000(1-.06)^2, the 2 represents an exponent indicating that (1-0.06) or 0.94 should be multiplied by itself.
Step-by-step explanation:
The expression 3000(1-.06)^2 is typically seen in mathematics, particularly in algebra or finance. In this expression, the number 2 represents the exponent or power to which the term (1-0.06) is raised.
Essentially, you would subtract 0.06 from 1, getting 0.94, and then multiply 0.94 by itself because it is raised to the power of 2.
Exponents are a shorthand way to indicate how many times to multiply a number by itself. In dealing with decimal numbers and scientific notation, exponents also dictate how many places to move the decimal point.
A positive exponent means you move the decimal to the right (for numbers greater than 1), and a negative exponent means to move it to the left (for numbers less than 1).