Question 1160806
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(1)  The solution and the answer in one line


         Future value = 7000 + 0.03*7000 = 7210 dollars.



(2)  Use the same method and solve this SIMPLE problem on your own.
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On solving similar problems, see the lesson

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Simple-interest-percentage-problems.lesson>Simple interest percentage problems</A> 

in this site.


Consider this lesson as your handbook, textbook, guide, tutorial and (free of charge) home teacher.


Learn the subject from there.



Happy learning (!)