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Year One 2,500,000 x 6% = 150,000 add 2,500,000 = 2,650,000

Year Two 2,650,000 x 6% = 159,000 add 2,650,000 = 2,809,000

Year Three 2,809,000 x 6% = 168,540 add 2,809,000 = 2,977,540

Year Four 2,977,540 x 6% = 178,652.40 add 2,977,540 = 3,156,192.40

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