Answer:
$1349
Step-by-step explanation:
Given data
Principal= $1000
Rate= 3%
Time= 10years
Applying the formula
A=Pe^rt
where e is the mathematical constant approximated as 2.7183
substitute
A=1000*2.7183^0.03*10
A=1000*2.7183^0.3
A=1000*1.349
A=1349
Hence the final amount after 10 years is
$1349
