The equation you’re using here would be:
1300(1.04)^x.
After 3 years, you’d plug in 3 for the value of x.
The amount of money in the bank after 3 years would be $1,462.32.
Answer: its 73,000
Step-by-step explanation: the answer sheet has the answers...
I think you mean 145%....
But the answer is 1.45 because 100% is 1 and so it has 45% so its 1.45.
Hope this helps! :)