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Sagot :
1500 (1.05) = 1575 --> after one year
1575 + 1500 = 3075
3075 (1.05) = 3228.75 --> after two years
3228.75 + 1500 = 4728.75
4728.75 (1.05) = 4965.1875 --> after three years
4965.1875 + 1500 = 6465.1875
6465.1875 (1.05) = 6788.44688 --> after four years
6788.44688 + 1500 = 8288.44688
8288.44688 (1.05) = 8702.86922 --> after five years = $8702.87
1575 + 1500 = 3075
3075 (1.05) = 3228.75 --> after two years
3228.75 + 1500 = 4728.75
4728.75 (1.05) = 4965.1875 --> after three years
4965.1875 + 1500 = 6465.1875
6465.1875 (1.05) = 6788.44688 --> after four years
6788.44688 + 1500 = 8288.44688
8288.44688 (1.05) = 8702.86922 --> after five years = $8702.87
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