Julio wants to deposit $1500 into savings accounts at three different banks: Bank of Chance, Merchant Bank, and Utopian Financin

Question

2 years ago

7

Julio wants to deposit $1500 into savings accounts at three different banks: Bank of Chance, Merchant Bank, and Utopian Financin

g. He will deposit five times as much into Merchant Bank as Bank of Chance because they offer a higher interest rate. He also expects the Utopian Financing deposit to be only 25% of the total of the other two deposits. How much will Julio deposit into the Utopian Financing savings account?
please show work I'm confused on how to solve
A) 375
B) 1000
C) 200
D) 300

Mathematics

1 answer:

sp2606 [1] · Answer 1 · 2022-10-14T23:10:54+03:00

sp2606 [1]2 years ago

4 0

D I’ve had this and d was right for me