Answer: 1,000.77
Step-by-step explanation:
After 1 year: 980 + 0.3% = 982.94
After 2 years: 982.94 + 0.3% = 985.89
After 3 years: 985.89 + 0.3% = 988.85
After 4 years: 988.85 + 0.3% = 991.82
After 5 years: 991.82 + 0.3% = 994.80
After 6 years: 994.80 + 0.3% = 997.78
After 7 years: 997.78 + 0.3% = 1,000.77
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