An account earned interest of 3% per year. The beginning balance was $150. The equation t=log1.03 (E/150) represents the situation, where t is the time in years and E is the ending balance. If the account was open for 8 years, what was the ending balance?
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Home » Mathematics » An account earned interest of 3% per year. The beginning balance was $150. The equation t=log1.03 (E/150) represents the situation, where t is the time in years and E is the ending balance.