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2 December, 15:56

You put $201 into an investment for 9 percent for four years. What will the balance be at the end of the four years?

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  1. 2 December, 16:00
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    201 + (201*0.09) = 219.09

    219.09 + (219.09*0.09) = 238.72

    238.72 + (238.72*0.09) = 260.20

    260.20 + (260.20*0.09) = 283.62

    You will have 283.62 by the end of the four years.
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