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A new bank customer with ​$4,500 wants to open a money market account. The bank is offering a simple interest rate of 1.5​%.
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2 votes
A new bank customer with ​$4,500 wants to open a money market account. The bank is offering a simple interest rate of 1.5​%.

User Rico Crescenzio
by
6.8k points

1 Answer

2 votes

Answer:

a. 1350

b. 6500

Explanation:

1.5%×4500=5850

1350+4500=5850

Explanation:

User Chris VCB
by
6.3k points
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