To Save Money for Holiday Presents, a Person Deposits $5

question 71

Multiple Choice

To save money for holiday presents, a person deposits $5 in a savings account on January 1, and then deposits an additional $5 every week thereafter until Christmas. If there are 50 weeks from January 1 to Christmas, how much money will be available for spending on Christmas presents?

• A) $200
• B) $245
• C) $441
• D) $250
• E) $450

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