$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
Value = 150*(1.09)3 = 150*1.295 = 194.25
T = 3yrs
d 2.5 years
14.2 years
556.34
72
2.5 years
T = 3yrs
Value = 150*(1.09)3 = 150*1.295 = 194.25
d 2.5 years
14.2 years
$5,249.54
556.34
300 :D
$14,693.28
74 or 75 years
500 invested for 5 years at 7% interest compounded annually becomes 701.28