How much will a 1 dollar deposit be worth in 36 years if intrest rate is paid by the bank is 8 percent?

To calculate the future value of a $1 deposit after 36 years with an 8% annual interest rate, you can use the formula for compound interest: ( FV = P(1 + r)^n ), where ( P ) is the principal amount, ( r ) is the interest rate, and ( n ) is the number of years. Plugging in the values: ( FV = 1(1 + 0.08)^{36} ). This results in approximately $14.62, meaning the $1 deposit will grow to about $14.62 over 36 years.