Every year an amount increases by 1/8th of itself

Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.65000?

This problem repeats another one in the library (at most with different numbers), so it's left out of browsing.

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #3306