answer: $2413.50
y=original amount of money(1+ the percent divided by 100)^the number of years is the power
we do this with the 1+ ... because the original amount plus the extra 8.25%
so the equation would be ...
y=1500(1+0.0825)^6
y=1500(1.60904218428)
y=1500(1.609) (I rounded)
y=$2413.50
