Question

Mr. Jamison deposited $100 into a new savings account on January 1. On the first day of each month thereafter, he deposited three times the amount he deposited in the previous month. On June 15 of the same year, the total amount Mr. Jamison has deposited is $ blank.

Answer 1

Answer:

100*3=300$

5month=300×5$

=1500$

1month=100$

so the total amount deposited=1500+100$

=1600$

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