Answer:
The form for an exponential equation is f(t)=P0(1+r)t/h where P0 is the initial value, t is the time variable, r is the rate and h is the number needed to ensure the units of t match up with the rate. Plug in the initial value for P and the rate for r. You will have f(t)=1,000(1.03)t/h. Find h.
Step-by-step explanation:
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