After 2 years: 162 × 1.08 = 174.96 → round to nearest whole = 175

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

Understanding Rounding: Why 162 × 1.08 = 175 (After Two Years of 8% Growth) When tracking financial growth, interest rates, or long-term projections, understanding how small numbers round can impact your results. Recently, a common calculation — 162 multiplied by 1.08 over two years — demonstrates how precise rounding affects final figures. The Math Behind Two-Year Growth A 8% annual growth rate doesn't simply mean every year adds exactly 8%. When compounded, growth builds on a growing base, meaning the effects compound over time.