What would be the future value of $ 300 after five years at 5 % compound interest.

From enunciation, we know what the present value is,
namely $300.

The future value could be determined when the
present value, the interest rate and the number of years are
known.

Future value = Present
value*(1+r)^t

r is the interest rate and t is the number of
years considered.

We'll identify the interest rate r as
being 5% and the number of years t as being of 5.

To
determine what is the future value after 5 years, at 5% compound interest, we'll use the
following formula:

Future value = 300*(1 +
5/100)^5

Future value =
300*(1+0.05)^5

Future value =
300*1.2762

Future value =
$382.884

The future value, after 5 years,
starting from the present value of $300, at the rate of interes of 5%, is of
$383.