Mathematics, 24.04.2021 01:00 245cat

Theo deposits $3,000 in a savings account earning compound interest at an annual rate of 3% compounded annually. He makes no additional deposits or withdrawals. Use the formula for compound interest to find the amount in the account after 10 years. After 10 years, there will be $
in the account.

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Theo deposits $3,000 in a savings account earning compound interest at an annual rate of 3% compound...

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Theo deposits $3,000 in a savings account earning compound interest at an annual rate of 3% compounded annually. He makes no additional deposits or withdrawals. Use the formula for compound interest to find the amount in the account after 10 years. After 10 years, there will be $ in the account.

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Another question on Mathematics

Theo deposits $3,000 in a savings account earning compound interest at an annual rate of 3% compounded annually. He makes no additional deposits or withdrawals. Use the formula for compound interest to find the amount in the account after 10 years. After 10 years, there will be $
in the account.