Josilyn2010 Josilyn2010

14-11-2022
Mathematics

Answered

A new bank customer with $4,500 wants to open a money market account. The bank is offering a simple interest rate of 1.6%.
a. How much interest will the customer earn in 20 years?
b. What will the account balance be after 20 years?
a. The customer will earn
in interest.

Answer :

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