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10) Sally recorded her monthly savings deposit in the bank. She started at P5 000.00 in January 2020. In the succeeding months, she consistently adds 25% of her monthly standing balance into her savings account. How much will be her total savings in April 2020? (Round your answer into two decimal places).​

Sagot :

ICEXXIN

Answer:

P 9765.63

Step-by-step explanation:

Jan: 5000

Feb: 5000 + 5000(0.25) = 6250

March: 6250 + 6250(0.25) = 7812.5

April: 7812.5 + 7812.5(0.25) = 9765.625

Two decimal places: 9765.63

or

J: 5000

F: 5000(1.25) = 6250

M: 6250(1.25) = 7812.5

A: 7812.5(1.25) = 9765.625

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