Hello, I need help with this precalculus homework question, please?HW Q4

Fabian Strathaus asked Nov 18, 2023

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4 votes

Fabian Strathaus asked Nov 18, 2023

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18 votes

Step 1

Given;

Required; To approximate using a calculator

Step 2

$\begin{gathered} (1+0.03)^7=(1.03)^7 \\ =1.22987 \\ \approx1.230\text{ to 3 decimal places} \end{gathered}$

Answer;

Jonathan Soifer answered Nov 23, 2023

3.3k points

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