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How much would Kendra have in her account after three years if she started with $1,000 and earned 3 percent interest compounding annually?

How much would Kendra have in her account after three years if she started with $1,000 and earned 3 percent interest compounding annually?
asked 61.1k views
4 votes
How much would Kendra have in her account after three years if she started with $1,000 and earned 3 percent interest compounding annually?

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User Yue JIN
by
8.7k points

1 Answer

4 votes
take 1000 multiply it by 1.03^3 = $1092.73
answered
User Damiqib
by
7.3k points
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