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A man deposits his money in a savings bank on a monthly basis. Each deposits exceeds the previous one by Shs 500. If he started...

A man deposits his money in a savings bank on a monthly basis. Each deposits exceeds the previous one by Shs 500. If he started by depositing Shs 1500, how much will he have deposited in 12 months?

Answers

Sn = 12/6(2x1500 +(12-1) 500)
= 6(3000 + 5500)
= 6 x 8500
= 51,000

Kavungya answered the question on September 18, 2019 at 13:51

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