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2 years ago

Can you please show working out for $4,000 at 3% for 4 years

Mathematics

1 answer:

dedylja [7]2 years ago

5 0

$100\%+3\%=103\%\\\\p\%=\dfrac{p}{100}\to103\%=\dfrac{103}{100}=1.03\\\\\$4,000\cdot1.03^4=\$4,679.43$

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