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A man deposits his money in a saving bank on monthly basis. Each deposit exceeds the previous by sh 750. If he deposited sh 1500 initially,

A man deposits his money in a saving bank on monthly basis. Each deposit exceeds the previous by sh 750. If he deposited sh 1500 initially, how much money will he have deposited in 12 months

Answers


John
a = 1 500; n = 12;d = 750

Sn = $\frac{n}{2}$(2a + (n - 1)d

= $\frac{12}{2}$ 2( 1 500) + 11 x 750)

= 6(3 000 + 8 250)

= 6 x 11250 = sh 67 500
johnmulu answered the question on March 7, 2017 at 07:29

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