Mathematics, 17.12.2020 08:10 cole6229
A new bank customer with $4,000 wants to open a money market account. The bank is offering a
simple interest rate of 1.3%.
a. How much interest will the customer earn in 10 years?
b. What will the account balance be after 10 years?
a. The customer will earn $ in interest.
b. After 10 years, the account balance will be $
Answers: 2
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A new bank customer with $4,000 wants to open a money market account. The bank is offering a
simple...
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