3 years ago

13. A new bank customer with $5,000 wants to open a money market account. The bank is

Mathematics

1 answer:

9966 [12]3 years ago

7 0

Answer:

a) 900 dollars

b) 5900 dollars

Step-by-step explanation:

The complete question is

A new bank customer with $5,000 wants to open a money market account. The bank is offering a simple interest rate of 1.8%. a. How much interest will the customer earn in 10 years? b. What will the account balance be after 10 years?

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