Question 1140667
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<pre>
It is arithmetic progression.


The first term is  {{{a[1]}}} = 120.


The last, 24-th term is  {{{a[24]}}} = 120 + 5*(24-1) = 235 dollars.


The amount under the question is the sum of the 24 terms of this progression.


It is equal half the sum  {{{(a[1]+a[24])/2}}} = {{{120+235)/2}}} = 177.5, multiplied by the number of terms, i.e. 24:


    sum = 177.5*24 = 4260 dollars.    <U>ANSWER</U>
</pre>

Solved.


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For introductory lessons on arithmetic progressions see 

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Arithmetic-progressions.lesson>Arithmetic progressions</A>

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/The-proofs-of-the-formulas-for-arithmetic-progressions.lesson>The proofs of the formulas for arithmetic progressions</A> 

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Problems-on-arithmetic-progressions.lesson>Problems on arithmetic progressions</A>  

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Word-problems-on-arithmetic-progressions.lesson>Word problems on arithmetic progressions</A>

in this site.


Also, &nbsp;you have this free of charge online textbook in ALGEBRA-II in this site

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/complex/ALGEBRA-II-YOUR-ONLINE-TEXTBOOK.lesson>ALGEBRA-II - YOUR ONLINE TEXTBOOK</A>.


The referred lessons are the part of this online textbook under the topic <U>"Arithmetic progressions"</U>.



Save the link to this textbook together with its description


Free of charge online textbook in ALGEBRA-II
https://www.algebra.com/algebra/homework/complex/ALGEBRA-II-YOUR-ONLINE-TEXTBOOK.lesson


into your archive and use when it is needed.