Posted by Teresa on Sunday, September 26, 2010 at 8:40am.
Since you didn't say how often it was compounded, i'll assume simple interest.
Pt = Po + r*t*Po,
Pt = Amount after time t (30 years),
Po = Initial investment,
r = annual percentage rate (APR) expressed as a decimal.
Pt = 30000 + 0.03625 * 30 * 30000,
Pt = 30000 + 32625 = 62625.
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