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3 years ago

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X 3.6.PS-10 Question Help A new bank customer with $4,500 wants to open a money market account. The bank is offering a simple in

terest rate of 1.7%. a. How much interest will the customer earn in 10 years? b. What will the account balance be after 10 years?

1 answer:

makkiz [27]3 years ago

4 0

If it was in 10 years it would either be 2.6

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The question is an illustration of related rates.

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I added an attachment to illustrate the given parameters.

The representations on the attachment are:

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Read more about related rates at:

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