thanks RWN for the solution, that was cool :)
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oldLearner57


"RWN" wrote:

5,000 * 1.04^5

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Regards;
Rob
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"tikchye_oldLearner57" wrote in message
...
hello community

can anybody teach me how to find how much will i have at the end of 5 years???

example:

I want to save $5000 at 4% per annum for 5 years. How to derive a formula
to find out how much will i have at the end of the 5th years.

thanks community for the assistance given
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oldLearner57