SOLUTION: If $35 is invested at a simple interest rate of 3% per year what will be the account balance after 35 years?

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Question 1089993: If $35 is invested at a simple interest rate of 3% per year what will be the account balance after 35 years?
Answer by ikleyn(52776) About Me  (Show Source):
You can put this solution on YOUR website!
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After 35 years the balance will be  35%2A1.03%5E35 = 98.49 dollars.