Mathematics, 13.04.2021 14:00 vhife4901

A new bank customer with $5,000 wants to open a money market account. The bank is offering a simple interest rate of 1.5%.
a. How much interest will the customer earn in 30 years?
b. What will the account balance be after 30 years?

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A new bank customer with $5,000 wants to open a money market account. The bank is offering a simple interest rate of 1.5%.a. How much interest will the customer earn in 30 years?b. What will the account balance be after 30 years?​

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Another question on Mathematics

A new bank customer with $5,000 wants to open a money market account. The bank is offering a simple interest rate of 1.5%.
a. How much interest will the customer earn in 30 years?
b. What will the account balance be after 30 years?