Marie Daggett 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?
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
Answer: $261.00
Step-by-step explanation:
Given: The amount Marie Daggett deposited per time period = $21.75
The number of deposits she made before interest was credited= 12
Therefore, the total amount she would have deposited before interest was credited=\(12\times\$21.75\)
Hence, the total amount she would have deposited before interest was credited=\(\$261.00\)