Question 1090632
end of year 1:
{{{1000*0.06=60}}}
{{{1000+60=1060}}}
end of year 2
{{{1060*0.06=63.6}}}
{{{1060+63.6=1123.60}}}
{{{1123.60+1500=2623.60}}}
end of year 3
{{{2623.60*0.06=157.416}}}
{{{2623.60+157.416=2781.016}}}
end of year 4
{{{2781.016*0.06=166.8609}}}
{{{2781.016+166.8609=2947.87696}}}
{{{2947.87696+2000=4947.87696}}}
end of year 5
{{{4947.87696*0.06=296.87261}}}
{{{4947.87696+296.87261=5244.74958}}}
end of year 6
{{{5244.74958*0.06=314.68497}}}
{{{5244.74958+314.68497=5559.43455}}}
end of year 7
{{{5559.43455*0.06=333.56607}}}
{{{5559.43455+333.56607=5893.00067}}}
end of year 8
{{{5893.00067*0.06=353.58004}}}
{{{5893.00067+353.58004=6246.58071}}}
end of year 9
{{{6246.58071*0.06=374.79484}}}
{{{6246.58071+374.79484=6621.37555}}}
end of year 10
{{{6621.37555*0.06=397.28253}}}
{{{6621.37555+397.28253=highlight(7018.65808)}}}