help i don't understand

Question

Enter an algebraic expression to model the given context. Give your answer in simplest form.

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

he algebraic expression is _______ +________ =___________

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Answer 1

First, turn the interest percentage into a decimal by dividing it by 100 (or moving the decimal point two places to the left). 0.3% = 0.003

The algebraic expression is then P + 0.003P = 1.003P