Question

7. Juan makes a deposit at an ATM and receives $50 in cash. His totaldeposit was $830. He did not deposit any coins. If he deposited checkswith three times the value of the currency he deposited, how much didhe deposit in currency and checks?

Answer 1

If he makes a deposit of of $830 dollars in a currency 3x the dollar, the amount, $830 will be equivalent to:

$\frac{830}{3}\cong276.67\text{ units of the unknown currency}$

In that case, he deposited 276.67 units of the unknown currency in cheque

and 276 units in currency since coins are not an option.