You have a savings account which earns 3 annual interest How much should you put into the account so that it will be worth 700

Question

You have a savings account which earns 3 annual interest How much should you put into the account so that it will be worth 700 in 10 years In addition to giving the final answer also give the equation used to calculate this answer with all appropriate values plugged in

Kunduz · Accepted Answer

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