Wath is the process of the question that say:
you have $550 in a savings account that earns 3% simple interest each year . how much will be in your account in 10 years?

Hi there

The formula is
A=p (1+rt)
A=550×(1+0.03×10)
A=715

Hope it helps

It's like discovering the answer to a puzzle. the purpose in solving an equation is to find the value or values of the variable that makes it a true statement. any value of the variable that makes the equation true is called a solution to the equation.