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Piper opened a savings account with $1400 that pays no interest. She deposits an
additional $50 each week thereafter. How much money would Piper have in the
account 47 weeks after opening the account?

Respuesta :

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Answer:

$3700

Step-by-step explanation:

Given that:

Initial amount = $1400

Amount deposited per week = 50

Amount after 47 weeks =?

Using the Arithmetic Progression relation :

Tn = A + (n - 1)d

Weekly deposit = d = 50

A = initial / first deposit = 1400

n = number of deposits

T47 = 1400 + (47 - 1)50

T47 = 1400 + (46)*50

T47 = 1400 + 2300

T47 = 3700

Answer:

$3750

Step-by-step explanation:

T47 = 3750

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