Answered: An investment of $3000 increases at a…

An investment of $3000 increases at a rate of 3% per year What is the value of the investment after 30 years? Round to the nearest dollar. %24

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter1: Equations And Inequalities

Section1.2: Applications Of Linear Equations

Problem 3SC: Self Check A man invests 12,000, part at 7 and the rest at 9. If the annual income from these...

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An investment of $3000 increases at a rate of 3% per year.
What is the value of the investment after 30 years?
Round to the nearest dollar.
%24

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