A new bank customer with $3,000 wants to open a money market account. The bank is offering a simple interest rate of 1.1% how much interest will the customer earn in 20 years? and what will be the account balance after 20 years?

$655.61 which is option c

step-by-step explanation:

price of house =   $146,000

initial rate = 3.5%

mortgaged paid in this = 3.5 % of $146,000

                                        =

                                        =$5110

the total years would be = 7

total mortgaged paid = 7 * $5110

                                      =$35770

remaining money = $146000-35770

                                =$110230

new mortgaged payment = 5 % of 110230

                                            =  

                                            =$655.61

im not sure what this means: mc011-7.jpg

step-by-step explanation:

25/6 hope it : )

step-by-step explanation: