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?
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:
The $261 Mary deposited before interest was credited .
Step-by-step 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 .