$500 x (1.09)4 = $705.79 (rounded)
249.88 dollars
655.40
814.45
1006.1
$4,061.04
249.88 dollars
635.25 500 x (1.005)48
500 invested for 5 years at 7% interest compounded annually becomes 701.28
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
280.51
1095.91
267.65
$428.24
655.40
814.45
1006.1
$280.51