$500 (1.06)12 = $1,006.10
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
500 invested for 5 years at 7% interest compounded annually becomes 701.28
$5,249.54
1200
556.34
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
267.65
523.97
635.61
635.24
313.37
280.51