Question

Stefano had $46 in a bank account that he was not using. Each month

for three months, the bank withdrew ¼ of this amount as a service fee.
How much was left in the account after the last withdrawal?

Answer 1

To do this, you have to do ((46 / 4) / 4) / 4

((46 / 4) / 4) / 4

(11.5 / 4) / 4

2.875 / 4

0.71875

` $0.72

There will be 72 cents left in account after 3 months.