Asked by Joanne

If I place $300.00 in an account that accumulates 3%, how much is it worth in 30 years?
Answered by helper
You don't state if the interest is simple or compounded. For simple interest,

I = PRT (Interest = Principal*Rate*Time)
I = 300 * 0.03 * 30
I = ?
Answered by Anonymous
300.x3%=27.00x30 = 810.00
Answered by Fe
Remember to turn the percentage into a decimal! 3%= 0.03
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