Question

Marsha initially deposited $98,232 into her checking account in January. She deposited $14,443 into her account at the beginning of every month starting in February. About how much money will she have at the end of April?

Answer 1

First we have to subtract 14,443 from 98,232 since deposit means take out. Now that would become 83,789 so that would continue from Feb to April that would be about 3 times so we have to keep subtracting 14,443 or just do 14,442 since we have to do this 3 times and then subtract 98,232 from 43326(the answer from 14,442*3) and we get 54906 as our final answer!

Answer 2

Equation = 14,443x + 98,232
February till April = 3 months
14,443(3) + 98232 = $141,561