Math  /  Algebra

QuestionFind the ending amount with compound interest for \$700 at 3\% compounded annually.

Studdy Solution
implify the formula.
A=$700×(1.03)tA = \$700 \times (1.03)^{t}So, the formula for finding the ending amount including compound interest is A=$700×(1.03)tA = \$700 \times (1.03)^{t}.

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