If you start with $1000 and invest it in account that pays 3% interest compounded once a year. How much money will you have in 10 years? (Show your equation)

An initial investment of $100 is now valued at $150. the annual interest rate is 5%, compounded continuously. the equation 100e0.05t = 150 represents the situation, where t is the number of years the money has been invested. about how long has the money been invested? use your calculator and round to the nearest whole number. years