17harriss 17harriss

Today at 4:56 AM
Mathematics

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

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dalendrk dalendrk

Today at 5:01 AM

[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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