Chapter 5: Problem 32
Chayton decides to save money in a savings account for a vacation. He deposits 10 dollar in his savings account the 1st month. Each month thereafter, the amount he deposits is 10 dollar more than the amount he deposited the previous month. Thus, Chayton's deposit is 20 dollar the 2nd month, 30 dollar the 3rd month, and so on. He makes his final deposit of 360 dollar the 36th month. What is the total amount of Chayton's 36 deposits? F. 710 dollar G. 1,850 dollar H. 6,300 dollar J. 6,480 dollar K. 6,660 dollar
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.