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Bao was given $1,000 for his birthday. He decided to invest the money in a bank account that earns 10% interest, compounded annually. In dollars, how much total interest will Bao have earned 3 years later?

 Aug 3, 2020
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  1000* (1 + .10)3 -1000  = interest in 3 yrs

 Aug 3, 2020
edited by ElectricPavlov  Aug 3, 2020

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