Quinna is saving money for a new bike. She has $5.00 in her savings account as of january 1. At the end of each month starting with january 31, she is planning to add to her account and amount that is equal to the amount in the account. determine a method to calculate the amount she adds each monty. Use that method to calculate the amount of money added for each of the first 5 months

Question

Mathematics

Barnes

1 May, 07:41

Quinna is saving money for a new bike. She has $5.00 in her savings account as of january 1. At the end of each month starting with january 31, she is planning to add to her account and amount that is equal to the amount in the account. determine a method to calculate the amount she adds each monty. Use that method to calculate the amount of money added for each of the first 5 months

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Dominic Sloan · Answer 1

Step-by-step explanation:

At the end of each month she deposits $5.00.

Her account was started December 31 with $5.00.

Dec., Jan., Feb., Mar., Apr., first five months.

$5.00 x $5.00 = $25.00