The Sanchez family wants to go on a vacation in September

Last updated: 7/21/2022

The Sanchez family wants to go on a vacation in September and they begin saving in December. The Sanchez family expects the vacation to cost $1,700. Each month they will deposit 5% more than the previous month. In December, they deposit $100. How much will the Sanchez family have saved for their vacation after 9 months? Round the answer to the nearest hundredth. *