basics of compound interest

[logistic_guy]

Suppose that you deposit \(\displaystyle \$ 2,500\) in an account paying \(\displaystyle 7\%\) interest that compounds annually for \(\displaystyle 4\) years. Fill in the missing values in the table below, which shows how your account value would grow:

Year​	Start of Year​	Ineterst​	End of Year​
1​	\(\displaystyle \$ 2,500.00\)​	​	​
2​	​	​	​
3​	​	​	​
4​	​	​	​

 

[khansaheb]

Suppose that you deposit \(\displaystyle \$ 2,500\) in an account paying \(\displaystyle 7\%\) interest that compounds annually for \(\displaystyle 4\) years. Fill in the missing values in the table below, which shows how your account value would grow:

Year​	Start of Year​	Ineterst​	End of Year​
1​	\(\displaystyle \$ 2,500.00\)​	​	​
2​	​	​	​
3​	​	​	​
4​	​	​	​

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