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

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 8CYU
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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
Transcribed Image Text: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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