3 years ago

How do i calculate this? PV = 100,000(1+0.03)

1 answer:

meriva3 years ago

5 0

Answer:

103,000

Step-by-step explanation:

Use your knowledge of decimal arithmetic. Or, use a calculator.

100,000(1 +.03) = 100,000·1.03 = 1000·103 = 103,000

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