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11. In June, you start a holiday savings account
with a deposit of $30. You increase each
monthly deposit by $4 until the end of the
year. How much money will you have saved by
the end of December?

Answer :

ABIOLATAIWO2015GO

How much money will you have saved by

the end of December will be $54

Since you increase each monthly deposit by $4

Hence, June to December will give us 6 months

Now let determine How much money will you have saved by the end of December

December ending Amount saved= $30 +($4 × 6 months)

December ending Amount saved= $30 +$24

December ending Amount saved= $54

Inconclusion How much money will you have saved by the end of December will be $54

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