Question

A new bank customer with ​$4000 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 ​years?

b. What will the account balance be after 20 ​years

Answer 1

The answer is 1,440 (sorry if it's wrong)

Explanation:

so you multiply 4,000 by 1.8% which u will get 72 then multiply 72 by 20 and then that will get you 1,440 again sorry if it's wrong

Answer 2

I just solve dit on my calculator and the answer is 1440!