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Cora had some $5 bills in a jar on January 1. Each month she added fifty- $5 to the jar. After

one year, she had $4,500. How many $5 bills did she have on the jar on January 1?

User IHS
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1 Answer

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Hello!

If Cora had some $5 bills in a jar on January 1st and each month she added 50 $5 bills to the jar and after one year she had a total of $4,500. She had 300 $5 bills on January 1st.

Explanation:

There are 12 months in a year and she added 50 $5 bills each month.


50 ×
5=250 ×
12=3,000

After a year she had a total of $4,500 including the money she had in the jar at the beginning of the year.


4,500-3,000
= 1,500

To find the total amount of $5 she had at the beginning of the year you divide.


1,500 ÷
5= 300

Hope this helped!

User Horatiu Paraschiv
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