14-10-2020
Mathematics

contestada

3. A new a bank customer with $3,000 wants to open
a money market account. The bank is offering a
simple interest rate of 1.9%
a. How much interest will the customer earn in 20 years?

Respuesta :

Lambina Lambina

14-10-2020

Answer:

In 20 years, the customer earns 1330

Step-by-step explanation:

I =Prt

the formula for simple interest

P= 3000

r = 1.9% (0.019)

t = 20 years

(3500)(0.019)(20)= 1330

Answer Link

Otras preguntas

Question 9 of 10 What does a trust do? A. Looks for ways to make working conditions better O B. Chooses people to hire workers for a company C. Finds the best w

A vendor sells tacos and burritos. One family buys 3 tacos and 2 burritos for $9.25. Another family buys 7 tacos and 4 burritos for $19.75. Find the cost of eac

QUIZ Active DODGE TIME REMAINING 01:28:50 During the Middle Ages, Islamic scholars made key advancements in astronomy, mathematics, medicine, and physics. astro

What is the completely factored form of f(x) = x^3-7x^2 2x +4?

Could more people be supported by 20 acres of land if they ate only plants instead of both plants and animals

Carla reads 36 pages in 3 hours. At this rate, how long will it take Carla to read a book with 180 pages?

Subtracting Unlike denominators 1/3 - 1/6

Removing plastic waste from the oceans now will help protect aquatic species in the future. Whose interests does the article mainly represent?

2) RMU divides students into house groups based on the month that they were born in. born in May, June, July or August are put into Bridge House. All other stud

Story called Excerpt from The Strange Case of Dr. Jekyll and Mr. Hyde: “Story of the Door” Question: Which statement summarizes paragraph 3?