Solve the Problem $\$ 400$ In a Bank Account During Her First Year in the Patricia

question 115

Multiple Choice

Solve the problem.
-As part of her retirement savings plan, Patricia deposited $\$ 400$ in a bank account during her first year in the workforce. During each subsequent year, she deposited $\$ 35$ more than the previous year. Find how much she deposited during her twentieth year in the workforce. Find the total amount deposited in the twenty years.

• A) \(\$ 1100 ; \$ 30,000\)
• B) \(\$ 1100 ; \$ 15,000\)
• C) \(\$ 1065 ; \$ 29,300\)
• D) \(\$ 1065 ; \$ 14,650\)

---

Definitions:

Reporting Requirements

Specific guidelines and regulations dictating the financial and operational information that organizations must compile and present.