Mathematics, 20.02.2021 04:40 juanitarodriguez
A new bank customer with $3,000 wants to open an IRA (Individual Retirement
Account) to earn money for retirement. The bank is offering a simple interest rate
of 11%.
PART A: How much interest will the customer earn in 20 years?
PART B: What will be the account balance after 20 years?
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Answers: 3
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A new bank customer with $3,000 wants to open an IRA (Individual Retirement
Account) to earn money...
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