Question

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

Answer 1

Step 1

Given;

`(1+0.03)^7`

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;

`1.230`