Hello! Draw a hundred (I know, it's tedious!) circles. Make a giant bracket around them all and label it "One Whole". Then color in 51 of those circles.
I hope this helps!
Here's the equation for one year:
0.03(8000) + 8000
For four years:
4(0.03(8000)) + 8000
0.12(8000) + 8000
To make it simpler/smaller:
1.12(8000) = 8960
You can make 960 more dollars, and you now have $8960
