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1.03\times 10^{4}\times 7000
To multiply powers of the same base, add their exponents. Add 3 and 1 to get 4.
1.03\times 10000\times 7000
Calculate 10 to the power of 4 and get 10000.
10300\times 7000
Multiply 1.03 and 10000 to get 10300.
72100000
Multiply 10300 and 7000 to get 72100000.