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Ajay opened a savings account with $1400 that pays no interest. He deposits an additional $60 each week thereafter. How much money would Ajay have in the account 29 weeks after opening the account? Answer: $ □

Ajay opened a savings account with $1400 \$ 1400 that pays no interest. He deposits an additional $60 \$ 60 each week thereafter. How much money would Ajay have in the account 2929 weeks after opening the account?\newlineAnswer: $ \(\square\)

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Q. Ajay opened a savings account with $1400 \$ 1400 that pays no interest. He deposits an additional $60 \$ 60 each week thereafter. How much money would Ajay have in the account 2929 weeks after opening the account?\newlineAnswer: $ \(\square\)
  1. Calculate Weekly Deposit: Determine the total amount deposited weekly after opening the account. Ajay deposits $60\$60 each week.
  2. Calculate Total Deposits: Calculate the total amount deposited over 2929 weeks.\newlineTotal deposited over 2929 weeks = $60×29\$60 \times 29 weeks\newline= $1740\$1740
  3. Add Initial Deposit: Add the initial deposit to the total amount deposited over 2929 weeks.\newlineInitial deposit = $1400\$1400\newlineTotal after 2929 weeks = Initial deposit + Total deposited over 2929 weeks\newline= $1400\$1400 + $1740\$1740\newline= $3140\$3140

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