Question

Mary lavor plans to save money at her bank for use in december. she will deposit $30 a month, beginning on march 1 and continuing through november 1. she will withdraw all the money on december 1. if the bank pays ½% interest each month, how much money will she receive on december 1?

Answer 1

Mary lavor plans to save money at her bank for use in december. she will deposit $30 a month, beginning on march 1 and continuing through november 1. she will withdraw all the money on december 1. if the bank pays ½% interest each month, how much money will she receive on december 1?

$360

Answer 2

9×30 because 9 month March thou November =270 + 1/2=