On May 29, Rocky had an opening balance of x dollars in an account that pays 3%

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On May 29, Rocky had an opening balance of x dollars in an account that pays 3% interest, compounded daily. He deposits y dollars.
Express his ending balance on May 30 algebraically.

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 04:42 AM

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On May 29, Rocky had an opening balance of x dollars in an account that pays 3%

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Financial Algebra advanced algebra with financial applications

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