Question

Peter opened up a savings account by making an initial deposit. After the initial deposit, Peter has been adding

$50 to his savings account each month. If after 8 months Peter has a total of $600 in his savings account, what
was the amount of his initial deposit?

Answer 1

$200

Explanation:

so if peter has been depositing 50 each month for 8 months then you would just do 50x8 which equals 400 and 600-400=200