3 years ago

HALLLPPP I RLLY NEED UR HELLLPP PLSSSS!!!

Mathematics

1 answer:

Law Incorporation [45]3 years ago

6 0

Answer:

92.727

Step-by-step explanation:

The formula for compound interest is $P((1+i)^{t} -1)$ , where P is the principal amount, i is the interest rate and t is the time. Sub your values into this formula to find your answer.

1000((1+0.03)³-1)

1000(1.03³-1)

1000(1.092727-1)

92.727

1000(0.092727)

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