Question

Mary Moneypenny 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

lets see step by step,
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

that is the amount she deposited before receiving any interest.

Answer 2

The $261 Mary deposited before interest was credited .

Explanation:

As given

Mary Moneypenny went to her bank each week and opened a club account. She deposited $21.75 per time period.

She deposited $21.75 per time period.

If she made 12 deposits before interest was credited.

Than

Mary deposited before interest was credited = 21.75 × 12

= $ 261

Therefore the $261 Mary deposited before interest was credited .