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Mathematics, 17.11.2020 01:00 amy7233

Advertising A bank manager wants to encourage new customers to open accounts with principals of at least $3,000. He decides to make a poster advertising a simple interest rate of 3%. 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 $3,000 and earn at least $10 interest in 1
month!"?

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Answers: 2

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