WILL MARK BRAINLIEST A bank manager wants to encourage new customers to open accounts with principals of at least $3,500. He de

Question

2 years ago

13

WILL MARK BRAINLIEST A bank manager wants to encourage new customers to open accounts with principals of at least $3,500. He de

cides to make a poster advertising a simple interest rate of 3%. What must the principal be if the bank manager also wants to advertise that one can earn $10 the first month? Can the poster correctly say, "Open an account of $3,500 and earn at least $10 interest in 1 month!"?
The principal needs to be $nothing to earn $10 in interest the first month.

Mathematics

2 answers:

Ket [755] · Answer 1 · 2022-05-17T09:17:58+03:00

Ket [755]2 years ago

3 0

Answer:

"Open an account of $3,500 and earn at least $10 interest in 1 month!" is the right one

Step-by-step explanation:

Gennadij [26K] · Answer 2 · 2022-05-17T11:02:40+03:00

Gennadij [26K]2 years ago

3 0

Answer:

He can say that. He invested 2.5K then the interest rate blah blah blah it's right if it ain't you can vote me out next round.

Step-by-step explanation:

WILL MARK BRAINLIEST A bank manager wants to encourage new customers to open accounts with principals of at least ​$3,500. He de

WILL MARK BRAINLIEST A bank manager wants to encourage new customers to open accounts with principals of at least $3,500. He de