I have to make a program that takes a user entered deposit and interest rate and then calculates the balance for 5 years. I can't figure out what I'm doing wrong. I always use the deposit amount of 1000 and interest rate of 5 therefore for the five years the balance should be

1. 1050
2. 1102
3. 1157
4. 1214
5. 1274

I don't get this I get

1. 6000
2. 36000
3. 216000
4. 1296000

its not even 5 years and the values are wrong. Any help is greatly appreciated. Here is my code.

``````#Program to:
#Calculate the new balance after each year for a deposit and
#an interest rate entered by the user for five years.

.data 				#variable used follow this line
promptDeposit:	.asciiz "Enter the deposit amount:"
promptRate:	.asciiz "Enter the interest rate in percent form:"
promptBB:	.asciiz "Beginning Balance:"
promptD:	.asciiz "Deposit:"
promptIR:	.asciiz "Interest rate:"
promptNL:	.asciiz "\n"

.text 				#program's code after this line

main:
li	\$v0,	4		# System call code for print string
syscall 			# call OS to Print promptDeposit

li 	\$v0,	5 		# System call code for read integer
syscall 			# call OS to Read integer into \$v0

move 	\$s0,	\$v0 		# Move the integer into \$s0

li	\$v0,	4		# System call code for print string
syscall 			# call OS to Print promptRate

li 	\$v0,	5 		# System call code for read integer
syscall 			# call OS to Read integer into \$v0

move 	\$s1,	\$v0 		# Move the integer into \$s1

li	\$v0,	4
la	\$a0,	promptD
syscall

move	\$a0,	\$s0
li	\$v0,	1
syscall

li	\$v0,	4
la	\$a0,	promptNL
syscall

li	\$v0,	4
la	\$a0,	promptIR
syscall

move	\$a0,	\$s1
li	\$v0,	1
syscall

li	\$v0,	4
la	\$a0,	promptNL
syscall

jal CompBal

#Exits Program
li 	\$v0,	10		#System call code to Exit
syscall				#call OS to Exit the program

CompBal:
sw	\$ra,	(\$sp)

li	\$v0,	4
la	\$a0,	promptBB
syscall

move	\$a0,	\$s0
li	\$v0,	1
syscall

li	\$v0,	4
la	\$a0,	promptNL
syscall

li	\$t0,	0
li	\$t1,	4
li	\$t3,	100

div	\$s1,	\$t3
mfhi	\$s1

loop:
mult	\$s0,	\$s1
mflo	\$t2

move	\$a0,	\$s0
li	\$v0,	1
syscall

li	\$v0,	4
la	\$a0,	promptNL
syscall

bne	\$t0,	\$t1,	loop

end:
jr \$ra``````

is there any information that I can further provide to gain help with this problem?(BTW I couldn't find the edit post option so thats why I am posting a reply)