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write an algebraic expression: the principle amount p originally deposited in a bank account plus 0.3% interest

Verified Answer :

p + 0.003=A............................

Answer:

The expression is : \(p+0.003p=1.003p\)

Step-by-step explanation:

Let the original amount or principle be = p

Rate of interest = 0.3% or \(\frac{0.3}{100}=0.003\)

So, an algebraic expression that the principle amount p originally deposited in a bank account plus 0.3% interest is given by:

\(p+0.003p=1.003p\)