contestada

Write an algebraic expression: The principal amount P originally deposited in a bank account plus 0.3% interest.

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Answer:

[tex]1.003P[/tex]

Step-by-step explanation:

We are asked to write an algebraic expression for the given word phrase.

The principal amount P originally deposited in a bank account plus 0.3% interest.

The interest would be 0.3% of P.

[tex]\text{Interest}=\frac{0.3}{100}*P=0.003P[/tex]

The total amount in the account would be principal plus interest.

[tex]P+0.003P[/tex]

[tex]1.003P[/tex]

Therefore, our required expression is [tex]1.003P[/tex].