Answer :
January . . . $57.85
March . . . . 4 times as much = 4 (57.85) = $231.40
Deposit 78.45 more . . . ($231.40 + 78.45) = $309.85 .
Notice that "interest" is never mentioned anywhere in this problem.
In other words, it doesn't matter whether Julie's savings account is
in a bucket in the basement, a mayonnaise jar on the porch, under
her mattress, or in a bank that pays no interest.
Without interest, $309.85 is what she does have in November, which
is about right for savings accounts in banks these days.
What her balance should be in November is an entirely different subject.
March . . . . 4 times as much = 4 (57.85) = $231.40
Deposit 78.45 more . . . ($231.40 + 78.45) = $309.85 .
Notice that "interest" is never mentioned anywhere in this problem.
In other words, it doesn't matter whether Julie's savings account is
in a bucket in the basement, a mayonnaise jar on the porch, under
her mattress, or in a bank that pays no interest.
Without interest, $309.85 is what she does have in November, which
is about right for savings accounts in banks these days.
What her balance should be in November is an entirely different subject.
January . . . $57.85
March . . . . 4 times as much = 4 (57.85) = $231.40
Deposit 78.45 more . . . ($231.40 + 78.45) = $309.85 .
Notice that "interest" is never mentioned anywhere in this problem.
In other words, it doesn't matter whether Julie's savings account is
in a bucket in the basement, a mayonnaise jar on the porch, under
her mattress, or in a bank that pays no interest.
Without interest, $309.85 is what she does have in November, which
is about right for savings accounts in banks these days. i wish it help for all my hard work to answer the question.
