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45 votes
45 votes
Ramon has $4896 in his bank account. he has been depositing the same amount of money monthly for 2 years. how much money did ramon deposit monthly?

User Victor Odiah
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1 Answer

20 votes
20 votes

Answer:

Ramon deposited $204 monthly

Explanation:

Step 1: Firstly convert 2 years to month

1 year = 12 month

∴ 2 years = 24 month

Step 2: Divide $4896 by 24

➟ 4896 ÷ 24

➟ 204

User Fabulaspb
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