Answer to Question #224223 in Financial Math for Samruddhi

Question #224223

Anita saves twice as much in the previous month in a bank. Six months later she had Rs 1575 in her bank. If so, how much did she pay in the sixth month?

Expert's answer

Let month 1 be x

X+ 2x+4x+8x+16x+32x=1575

63x=1575

x=25

Month six= 32(25)=Rs 800

Learn more about our help with Assignments: Math

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Membership Drive A mall health club is trying to stimulate new memberships. Fora limited time, the n
2. Felix will receive 20,000 British pounds one month from now as payment for apple juice produced and
3. Agye will receive 20,000 British pounds one month from now as payment for apple juice, exports by hi
4. You are planning for long term investment in a stock. After specific analysis you have two options i
5. You had a chat with the relationship manager of your bank, and they are willing to lend $50 million
6. Cal Bank believes the Ghanaian Cedi will appreciate over the next five days from GHS 4.48 to GHS 4.5
7. Assume the following information:90-day Ghana interest rate = 4%90-day South African interest rate =

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…