After 1 year: 150 × 1.08 = 162

Tue, 05 May 2026 02:54:07 +0000

# Understanding How 150 Grows to 162: The Power of 8% Yearly Growth Over One Year If you’ve done a simple calculation like 150 × 1.08 = 162, you’ve just unlocked an important financial and growth principle that applies far beyond this number: understanding compound growth in just one year. Whether you’re tracking investments, business revenue, or personal financial progress, this basic math reveals a big picture about how small, consistent gains compound into meaningful results. ## What Does 150 × 1.08 Actually Mean? Mathematically, multiplying 150 by 1.08 means growing 150 by 8% over one year. Why 8%? Because 1.08 is the conversion factor for 8% growth: when you multiply a number by 1.08, you’re increasing it by 8% — that is, adding 8% of 150 to itself.