Mathematics, 06.11.2020 16:20 jholland03
A bank manager wants to encourage new customers to open accounts with principals of at least $3000. He decides to make a poster advertising a simple interest rate of 4.8%. What must the principal be if the bank manager also wants to advertise that one can earn $10 the first month? Can the poster correctly say, "Open an account of 3000$ and earn at least 10$ interest in 1 month!"?
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A bank manager wants to encourage new customers to open accounts with principals of at least $3000....
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