Question

a new bank customer with $3,000 wants to open a money market account the bank is offering a simple interest rate of 1.8%....How much interest will the customer earn in 30 years....What will the account balance be after 30 years​

Answer 1

$91,620

Explanation:

1.8% = $54

$3000 + $54 = $3054

$3054 × 30 = $91,620

Hope this helped!