Question

molly open a bank account he deposits $86.50 into her account every month for 20 months she use $24.50 every month to pay for a singing lessons after she uses 1/4 of the total money left in her account to go to summer camp for singers what is the total amount of money spent to go to summer camp

Answer 1

She deposits $86.50 for 20 months, then she has

$86.50\times20=1730$

She uses $24.50 every montho to pay singing lessons, so shw has spent

$24.5\times20=490$

So, after the 20 months, she has in her account

$1730-490=1240$

$1240. She will use the fourth part of this money to pay a summer camp, so she will spent

$\frac{1240}{4}=310$

Then, she will spent $310 to go to the summer camp.