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In January, you deposit $150 into your checking account. Every month after that, you deposit 10% more than you did the month before. How much did you deposit in August?

In January, you deposit $150 into your checking account. Every month after that, you deposit 10% more than you did the month before. How much did you deposit in August?
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In January, you deposit $150 into your checking account. Every month after that, you deposit 10% more than you did the month before. How much did you deposit in August?

User Tyler Schroeder
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8.7k points

2 Answers

6 votes
use a calculator and do 150*8 but I could be wrong so go with a different answer if there is one.
User Vins
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7.9k points
3 votes
     The equation would be Y=15x+150 because 10% of 150 is 15. Next you coun up how many months you have up untill August and replace the x with it. So the equation would be Y=15(7)+150. ___Y=105+150___Y=$255. So $255 would be your answer.
User CrisPlusPlus
by
8.5k points
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