Mathematics, 15.07.2019 08:00 armon15

Sam opened a savings account that accrues compound interest at a rate of 3% annually. let p be the initial amount sam deposited and let t be the number of years the account has been open. write an equation to find a, the amount of money in the account after t years. assume that sam made more additional deposits and no withdrawals. my answer is a=p*3%^t is this right?

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