17harriss 17harriss

26-08-2016
Mathematics

contestada

Can you please show working out for $4,000 at 3% for 4 years

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dalendrk dalendrk

28-08-2016

[tex]100\%+3\%=103\%\\\\p\%=\dfrac{p}{100}\to103\%=\dfrac{103}{100}=1.03\\\\\$4,000\cdot1.03^4=\$4,679.43[/tex]

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