A bank manager wants to encourage new customers to open accounts with principals of at least $. He decides to make a poster adv

Question

2 years ago

9

A bank manager wants to encourage new customers to open accounts with principals of at least $. He decides to make a poster adv

ertising a simple interest rate of %. What must the principal be if the bank manager also wants to advertise that one can earn $ the first month? Can the poster correctly say, "Open an account of $ and earn at least $ interest in 1 month!"?

Mathematics

1 answer:

saw5 [17] · Answer 1 · 2022-12-17T09:10:16+03:00

saw5 [17]2 years ago

7 0

The answer is yes.

Hope this helps!!

A bank manager wants to encourage new customers to open accounts with principals of at least ​$. He decides to make a poster adv

A bank manager wants to encourage new customers to open accounts with principals of at least $. He decides to make a poster adv