Answer:
Therefore, you would need to save approximately $75.96 more to buy the cell phone.
Explanation:
To determine how much more you need to save to buy the cell phone, let's calculate the total amount of money you have after the deposit and compare it to the cost of the cell phone.
1. Start with the initial amount you have in your savings account, which is $175.29.
2. Add the additional deposit of $48.75 to the initial amount:
$175.29 + $48.75 = $224.04
Now, we have a total of $224.04 in the savings account.
3. Find out the cost of the cell phone. This information is not provided in the question, so we'll assume it is $300.
4. Calculate the difference between the total amount in your savings account and the cost of the cell phone:
$300 - $224.04 = $75.96