A new bank customer with $ 3,500 wants to open a money market account. The bank is offering a simple interest rate of 1.7%. to. How much interest will the customer earn in 30 years? b. What will the account balance be after 30 years?

a. $2,303.59

b. $5,803.59

Step-by-step explanation:

A = P(1 + r)^t

A = 3500(1.017)^30

A = 5803.59

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500

24+x=y

step-by-step explanation: