Oh for sure, true true true! A good example would be a workout routine, find out what best works.
To find one year, here's the equation:
5000 + 0.06(5000)
For 10 years:
5000 + 10(0.06(5000))
Multiply:
5000 + 0.6(5000)
We can make it smaller:
1.6(5000) = 8000
You can make $8000
200 because 156 is closer to 200 than 100
