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Julie's savings account has a balance of $57.85 in January. By March, her balance is 4 times as much as her January balance. Between March and November, Julie deposits a total of $78.45. If she does not withdraw any money from her account, what should Julie's balance be in November?



Answer :

AL2006
January . . . $57.85

March . . . . 4 times as much = 4 (57.85) = $231.40

Deposit  78.45 more . . . ($231.40 + 78.45) = $309.85 .

Notice that "interest" is never mentioned anywhere in this problem.
In other words, it doesn't matter whether Julie's savings account is
in a bucket in the basement, a mayonnaise jar on the porch, under
her mattress, or in a bank that pays no interest.

Without interest, $309.85 is what she does have in November, which
is about right for savings accounts in banks these days.

What her balance should be in November is an entirely different subject.

nancy8

January . . . $57.85

March . . . . 4 times as much = 4 (57.85) = $231.40

Deposit  78.45 more . . . ($231.40 + 78.45) = $309.85 .

Notice that "interest" is never mentioned anywhere in this problem.
In other words, it doesn't matter whether Julie's savings account is
in a bucket in the basement, a mayonnaise jar on the porch, under
her mattress, or in a bank that pays no interest.

Without interest, $309.85 is what she does have in November, which
is about right for savings accounts in banks these days. i wish it help for all my hard work to answer the question.



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