A new bank customer with $ 3,500 wants to open a money market account. The bank is offering a simple interest rate of 1.7%. to.
How much interest will the customer earn in 30 years? b. What will the account balance be after 30 years?
1 answer:
Answer:
a. $2,303.59
b. $5,803.59
Step-by-step explanation:
A = P(1 + r)^t
A = 3500(1.017)^30
A = 5803.59
You might be interested in
Answer:
i dont understand you question
Explanation:
mind explaining it to me better so i can help
Answer:
AAAAAAAAAAAAAA
Step-by-step explanation:
AAAAAAAAAAAAaaaaaaazaaaaaaaaaaaaaaaaaaaaaaaa
4 divided by 6 times 5 equals 3.333
Answer:
que????? no entiendo??????
I’m sorry really…. Need points
