Question

You deposit the same amount of money in a bank account each month. You deposit a total of $780 in 1 year. How many months does it take for

you to deposit $2275?

Answer 1

35 months

Explanation:

Given that,

You deposit a total of $780 in 1 year i.e. in 12 months

We need to find how many months does it take for you to deposit $2275.

$780 in 12 months

1$ in
`(12)/(780)\ \text{months}`

$2275 in,

`(12)/(780)* 2275\ \text{months}\\\\=35\ \text{months}`

Hence, it will take 35 months to deposit $2275.