Question

Georgina’s bank account has a current balance of -$25.50. If she deposits $120 into the account each month, how much money will she have in the account after 4 months?

Answer 1

-25.50 + 4(120) = $454.50

Answer 2

Answer: $454.5

Explanation:

Given : Georgina’s bank account has a current balance of -$25.50.

If she deposits $120 into the account each month, then the total money in her account after x months will be :-

Account balance = Current balance + $120 (Number of months)

i.e. Account balance = -25.50+120x

For x= 4

Account balance = -25.50+120(4 = $454.5

Hence, she will have $454.5 in the account after 4 months .