SOLUTION: A student deposits $20 each month in a Holiday Club account at her bank. The account pays no interest. Write an equation that expresses the amount in her account in terms of the nu

Algebra ->  Finance -> SOLUTION: A student deposits $20 each month in a Holiday Club account at her bank. The account pays no interest. Write an equation that expresses the amount in her account in terms of the nu      Log On


   

Question 311753: A student deposits $20 each month in a Holiday Club account at her bank. The account pays no interest. Write an equation that expresses the amount in her account in terms of the number of deposits
Answer by cfbass33(1) About Me  (Show Source):
You can put this solution on YOUR website!
A=20*m
A is the amount, or balance of the deposit account
m is the number of months