Gavin had $5460.40 that he divided into two bank accounts. He deposited [tex]\frac{3}{8}[/tex] into a savings account. He deposited the rest into his checking account. How much money did Gavin deposit into his checking account?

One way to do it is to divide $5460.40 by 8 so we will find out how much is 1/8 of that sum:
5460.40 / 8 = 682,55
Now 3/8 of the sum is 682,55 * 3 = 2047,65. That's how much Gavin deposited into a savings account.
5460,40 - 2047,65 = 3412,75 . That's 5/8 of his money which went to his checking account.

Answered by SlowZasob | 2024-06-10

Gavin deposited approximately $2047.65 into his savings account and approximately $3412.75 into his checking account. The checking deposit was calculated by subtracting the savings deposit from the total amount. Therefore, his total allocation into the checking account is $3412.75.
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Answered by SlowZasob | 2024-09-27