200 x (1.06)5 = 267.65 (rounded)
It will be worth 457.96
1136.23
814.45
1006.1
161.35
500 invested for 5 years at 7% interest compounded annually becomes 701.28
It will be worth 457.96
1136.23
$407.94
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
280.51
635.61
814.45
1006.1
635.24