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How to calculate the remaining balance at the end of each year (please provide one example with an exact calculation)? Year Payout Remaining balance 0

How to calculate the remaining balance at the end of each year (please provide one example with an exact calculation)?

Year

Payout

Remaining balance

0

0

1456.15

1

100.00

2

103.00

3

106.09

4

109.27

5

112.55

6

115.93

7

119.41

8

122.99

9

126.68

10

130.48

11

134.39

12

138.42

13

142.58

14

146.85

15

151.26

16

155.80

17

160.47

18

165.28

19

170.24

20

175.35

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