You are saving for a spring break cruise for the end of march of the next year thag costs $600. You start at $50 in August. At the beginning of the of each month you plan to deposit 20% more than the previois month. Will yoi have enough money for your tip? If not how much more do you need?

Question

Mathematics

Kelton Davies

7 March, 01:24

You are saving for a spring break cruise for the end of march of the next year thag costs $600. You start at $50 in August. At the beginning of the of each month you plan to deposit 20% more than the previois month. Will yoi have enough money for your tip? If not how much more do you need?

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Petersen · Answer 1

You would be halfway done with this much money: 3828.46208

here is how I got to it: 50 + 60 + 80 + 120 + 180 + 270 + 324 + 368.8 + 442.56 + 531.072 + 637.2864 + 764.74368