# Heuristic Math: Make a Systematic List

How would you interpret this question:

"Ricky opens a bank account with initial deposit of 2000 dollars. For every month, with maintaining balance of 5000 dollars or more, an interest of 2.5% will be added. An additional 1.2% for every 2000 dollars if exceeds to the maintaining balance. For the first 3 months, he maintained the required minimum balance to obtain the interest every month. The following months he deposited 1500 dollars every month. How many months required to have an outstanding balance of $18526?

*round off your answers to nearest one (truncate the decimal values)"

I've gotten the following answers:

10 Months - $18,458

9 Months - $19,456

10 Months - $18,756

Still, I think my answers are not correct. How do you guys understand the question and what is/are your answer/s?

- unanswered
- 163 views
- Pro Bono

### Related Questions

- Probability Question
- Constructing Monotonic Sequences Converging to an Accumulation Point in a Subset of $\mathbb{R}$
- Analyzing the Domain and Range of the Function $f(x) = \frac{1}{1 - \sin x}$
- Logic Question π΄∨π΅→πΆβ’(π΄→πΆ)∧(π΅→πΆ)
- Measure Theory and the Hahn Decomposition Theorem
- real analysis
- real analysis
- Prove that a closed subset of a compact set is compact.

Questions at this level should come with a bounty.