Question 119519
{{{FV=P(1+R)^T}}}
where FV is the Future value, P is today's value, R is the interest rate, and T is the compounding time period.
P=$500
R=14.5%
T=4 years (compounded annually)
{{{FV=500(1+.145)^5}}}
{{{FV=500(1.968)}}}
{{{FV=984}}}
You would owe $984.00.