Question

Jimmy’s dad gave him $100 on his birthday, which is January 1. Jimmy deposited the $100 in his savings account the same day. At the beginning of every month thereafter, Jimmy decides to deposit three times the amount he did in the previous month. On June 15 of the same year, the amount in Jimmy’s account will be $

How much money will be in Jimmy's account?

Answer 1

I think its $36,400 because jan- 100 feb- 100x3=300 march- 300x3=900 april- 900x3=2,700 may- 2,700x3=8,100 june 8,100x3=24,300 then add them all together 100+300+900+2,700+8,100+24,300= 36,400