A new bank customer with $3,000 wants to open a money market account. The bank is offering a simple interest rate of 1.4%.
a. How much interest will the customer earn in 30 years?
b. What will the account balance be after 30 years?
a. The customer will earn $ in interest

SI=P*T*R/100

=3000*1.4*30/100

=$1260

Account balance=3000+1260

=$4260

Step-by-step explanation:

SI=P*T*R/100

P=3000

t=30

r=1.4%

I=PRT

=3000*1.4*30/100

=$1260

After 30 years?

interest plus current amount

Account balance=3000+1260

=$4260

quit

step-by-step explanation:

168

step-by-step explanation:

first off, we know that he drove 3.5 hours at a rate of 48 mph.

knowing that, we want to see how many miles he drove all-together.

in this case, we can just multiply 48 by 3.5.

48 * 3.5 = 168