If I increase x amount by 15% every year, what will be the x amount at the 17th year?


#1

If I increase x amount by 15% every year, what will be the x amount at the 17th year?

What is the formula to calculate this?

In context of


#2

https://www.advisorkhoj.com/tools-and-calculators/mutual-fund-sip-calculator-step-up


#3