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?

Victor Odiah asked Feb 27, 2023

440,087 views

45 votes

Victor Odiah asked Feb 27, 2023

3.3k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

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

Fabulaspb answered Mar 3, 2023

3.2k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers