If you save $4,500 at an interest rate of 13 percent per year, how much will you have at the end of seven years?
The forumula for this is Total amount at the start(1+Percentage/100)^number of years
4500(1+13/100)^13 = 22041.04996
Therefore at the end of 13 years a person will have 22041.05 dolla