Question

20 workers in a factory have set up their own bank . Each saves $300 per month and put it in the bank.

(a) How much money does the group collect each month?
(b) How much money will be collected in 15 years?​

Answer 1

Answer:

money collected by the group in one month = $6000

money collected by the group in the end of 15 years

= $ 36,72,000

Step-by-step explanation:

money collected by the group in one month = 20 × 300

= $ 6000

money that will be collected by the group in 15 years

= 6000 × (51*12)

= 6000 × 612

= $ 36,72,000

Answer 2

Answer:

Answer is rupees 36,72,000