Fred Merkel went to his bank and opened a club account. He deposited $19.75 every week. If he made 5 deposits before interest wa

Question

3 years ago

5

s credited, how much would he have deposited before interest was credited?

2 answers:

Vaselesa [24] · Answer 1 · 2022-03-17T20:24:33+03:00

Answer

Find out the how much would he have deposited before interest was credited .

To prove

As given

Fred Merkel went to his bank and opened a club account.

He deposited $19.75 every week.

If he made 5 deposits before interest was credited .

Total money Fred Merkel deposit in the account before interest was credited = 5 × 19.75

= $ 98.75

Therefore the Fred Merkel $ 98.75 deposited before interest was credited.

nata0808 [166] · Answer 2 · 2022-03-17T18:11:14+03:00

4 0

$98.75, it is just $19.75 times 5