(c) A woman deposited Ksh.4,000 in a savings scheme in the first month. Thereafter she increased her deposits by Ksh.400 per month for fifty months. Determine the: (1) last amount deposited; total amount saved in the fifty months.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 18E
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20124
A woman deposited Ksh.4,000 in a savings scheme in the first month. Thereafter she
increased her deposits by Ksh.400 per month for fifty months. Determine the:
(1) last amount deposited;
(ii)
total amount saved in the fifty months.
Transcribed Image Text:20124 A woman deposited Ksh.4,000 in a savings scheme in the first month. Thereafter she increased her deposits by Ksh.400 per month for fifty months. Determine the: (1) last amount deposited; (ii) total amount saved in the fifty months.
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