asked 2.9k views
3 votes
$100 is deposited in a saving account at the beginning of the year. Beginning each month the amount deposited is 3 times the previous month. On Jun 15th of the same year, what will be the amount in the account?

asked
User Dgzz
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8.4k points

2 Answers

4 votes
u will probably have close to $$1000
5 votes
109350. I think this because 100 times 3to the 6th power is 72900.
answered
User Lloyd Cotten
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8.3k points

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