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(24) $550 at 3% for 3 years

(24) $550 at 3% for 3 years
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(24) $550 at 3% for 3 years

User Unkown
by
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1 Answer

2 votes

550 * 1.03 = 566.5 (Year 1)

566.5 * 1.03 = 583.495 (Year 2)

583.495*1.03 = 600.99985 (Year 3)

You can safely assume this is your answer: $601.00

User Ikary
by
7.9k points
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