[tex]\text{Use the appreciation equation:}\\\\A=P(1+r)^n\\\\\text{Plug in information}\\\\A=50(1+0.18)^9\\\\\text{Solve:}\\\\A=50(1+0.18)^9\\\\A=50(1.18)^9\\\\A=50(4.435453859151328768)\\\\A=221.772\\\\\text{Round to the nearest hundredths place}\\\\\boxed{\$221.77}[/tex]
