Question

Diane deposits the same amount of money into a bank account every month. The table below shows the amount of money in the account after different amounts of time.

Answer 1

Giv the table below:

Time (Months) 6 8 10 12

Money (Dollars) 476 606 736 866

(a) We are asked to find the amount that is alreafy in the account when Diane started depositing.

The amount that will be in the account before Diane started depositing will be

86 dollars.

(b) To get the rate if the money increase or decrease:

606 - 476

2

= 130/2

= 65

The money increases by 65