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Asked by quesia

$2000 principal earning 3% compunded after 6 years?
how do i solve this? i don't need answers i just don't know what the equation is.
9 years ago

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Answered by Damon
after a year x = x + .03x = 1.03 x

every year multiply by 1.03

2000 (1.03)^6
9 years ago
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$2000 principal earning 3% compunded after 6 years?
how do i solve this? i don't need answers i just don't know what the equation is.

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