Getting balance from code in button

Question

I am having a little bit of trouble calculating the balance in my code.

In this program (balance = balance * (1 + interestRate). The thing is that we are

Answer 1

I wasn't allowed to edit Zafs answer to include the extra line, so here is my take. The important point being that the initialization of finalBalance is outside of the for-loop.

finalBalance = initialBalanceSavings + initialBalanceCorporate
For theYear = 2013 To 2016
  subtotal = finalBalance * (1 + interestRate)
  finalBalance = subTotal
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