200 x (1.06)5 = 267.65 (rounded)
It will be worth 457.96
1136.23
283.52
814.45
1006.1
500 invested for 5 years at 7% interest compounded annually becomes 701.28
It will be worth 457.96
$407.94
1136.23
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
It will be worth 417.72, approx.
267.65
$428.24
283.68
543.66
283.52
280.51