In January, you deposit $150 into your checking account. Every month after that, you deposit 10% more than you did the month before. How much did you deposit in August?

Question

Mathematics

Marie

3 January, 07:56

In January, you deposit $150 into your checking account. Every month after that, you deposit 10% more than you did the month before. How much did you deposit in August?

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Answers (2)

Know the Answer?

German Wright · Answer 1

The equation would be Y=15x+150 because 10% of 150 is 15. Next you coun up how many months you have up untill August and replace the x with it. So the equation would be Y=15 (7) + 150. ___Y=105+150___Y=$255. So $255 would be your answer.

Douglas Mcmahon · Answer 2

Use a calculator and do 150*8 but I could be wrong so go with a different answer if there is one.