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1. Carlos wants to deposit $900 into savings accounts at three different

banks: Bank of Chance, Merchant Bank, and Utopian Financing. He will
deposit two times as much into Merchant Bank as Bank of Chance
because they offer a higher interest rate. He also expects the Utopian
Financing deposit to be only 20% of the total of the other two deposits.
How much will Carlos deposit into the Utopian Financing savings account
(4 points)
O $180
$250
$500
$150

1 Answer

4 votes

Answer:

$150

Explanation:

0.2 X 750 = 150

hope this helps

User Dan Levin
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