Question

Mr. D. decided to invest $2,500 into a share of his friend's company because his

friend guaranteed that his money would increase at a rate of 14% every month.
How much money should Mr. D have after 7 months?

Answer 1

Starting from $2,500 (using that as the first month), it would go like this:
2,500 -> 2,850 -> 3,249 -> 3,703.86 -> 4,224.4004 -> ~4,813.54 -> 5,487.43

Answer $5,487.43

Explanation: multiply 2,500 by 1.14 seven times.