Question

$1,000 at 6% annual interest

Answer 1

Multiply 1,000 by 1.6 as many times as need be

Answer 2

I was wrong, 1,000 by 1.06

Answer 3

i multiply it ?

Answer 4

Well if you want the interest rate included with your base number (1,000) you would, if you just want the interest rate for that year's number you would multiply 1,000 by .06. But if you want the seconds years interest rate too you would multiply the total of 1,000 and .06 and multiply that by .06 again, and so on.