Final Answer:
The next deposit of $450 is 30% of the original $1500 deposit, resulting in a value of $405.
Therefore, correct answer is C. $405
Step-by-step explanation:
To find the amount of the next deposit, you can calculate 30% of the original deposit of $1500.
Next Deposit= 0.30 x $1500 = $450
So, the next deposit is $450. Therefore, the amount value of this deposit is $450.
Understanding percentages is crucial in financial calculations. In this context, knowing that 30% is equivalent to multiplying by 0.30 is essential. This method allows you to determine the proportion of the original deposit represented by the subsequent $450 addition.