| TABLE 1 | COMPOUNDING INTEREST AND DEBT | |||||
| Year | Starting Value | 10% Interest | Ending Value | |||
| 1 | $1,000.00 | $100.00 | $1,100.00 | |||
| 2 | 1,100.00 | 110.00 | 1,210.00 | |||
| 3 | 1,210.00 | 121.00 | 1,331.00 | |||
| 4 | 1,331.00 | 133.10 | 1,464.10 | |||
| 5 | 1,464.10 | 146.41 | 1,610.51 | |||
| ... | ... | ... | ... | |||
| 28 | 13,109.99 | 1,311.00 | 14,420.99 | |||
| 29 | 14,420.99 | 1,442.10 | 15,863.09 | |||
| 30 | 15,863.09 | 1,586.31 | 17,449.40 | |||