- 1 Marks
QTB – MAY 2016 – L1 – SA – Q5 – Mathematics
Calculate savings amount after a series of monthly increments
Question
A man plans to start saving in June. He plans to set aside N3,500 in June and to increase this amount by N275 in each of the subsequent months. In April of the following year, he would have set aside
A. N 6,025
B. N 6,205
C. N 6,250
D. N 6,502
E. N 6,520
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