Question

Marie Daggett went to her bank each week and opened a club account. She deposited $21.75 per time period. If she made 12 deposits before interest was credited, how much would she have deposited before interest was credited?

Answer 1

she goes 12 times to the bank and made a deposit of $21.75 each time, therefore she have deposited:

deposit = 12*21.75 = $261

Answer 2

Answer: $261.00

Explanation:

Given: The amount Marie Daggett deposited per time period = $21.75

The number of deposits she made before interest was credited= 12

Therefore, the total amount she would have deposited before interest was credited=
`12*\$21.75`

Hence, the total amount she would have deposited before interest was credited=
`\$261.00`