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Fatima, Muna, and Ahmed are three college-going siblings. They have decided to save some money ever…
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Fatima, Muna, and Ahmed are three college-going siblings. They have decided to save some money every month from their pocket money. Fatima and Muna have kept their money in two different banks, and the following amounts are saved in their accounts. Assume that they both start saving from the same month and continue to follow the saving plan: Month 1: Amount in Fatima #x27;s account = 3000.00, Amount in Muna #x27;s account = 3250.00 Month 2: Amount in Fatima #x27;s account = 3060.00, Amount in Muna #x27;s account = 3282.50 Month 3: Amount in Fatima #x27;s account = 3121.20, Amount in Muna #x27;s account = 3315.33 Month 4: Amount in Fatima #x27;s account = 3183.62, Amount in Muna #x27;s account = 3348.48 Month 5: Amount in Fatima #x27;s account = 3247.30, Amount in Muna #x27;s account = 3381.96 (A-1) After how many months will each one of them have more than AED 3500 in their account? (3 marks) Show the steps of calculation: You may use Excel to get this answer. Paste the screenshot of the Excel table here. (A-2) Ahmed starts with AED 3000 and adds AED 70 each month to his savings. After how many months will he get more than AED 3500 in his savings? (2 marks) Comments from the students who checked this answer: (1 mark) (A) Mrs. Clark and Aunt In Abu Dhabi.
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