Question

Sue’s bank account has a balance of $899.83 before she starts spending money. She makes the following transactions: Transaction Cost ($) Rent 353.76 Video game 32.79 Bike maintenance 60.26 Jacket 55.62 Rug 80.40 Night out 35.77 Sue is considering splitting the cost of a new TV with her roommate. Her share would be $305.22. Can Sue afford this?a. Yes, she can make the purchase and have money left over. b. Yes, but doing so will clear out her account. c. No, making that purchase will overdraw her account. d. No, she is overdrawn already.

Answer 1

c

Step-by-step explanation:

Answer 2

Correct option is (c)

Step-by-step explanation:

Given:

Amount that Sue has in her account before any transactions = $899.83

Expenses:

Rent = $353.76

Video game = $32.79

Bike maintenance = $60.26

Jacket = $55.62

Rug = $80.40

Night out = $35.77

Total expenses = 353.76 + 32.79 + 60.26 + 55.62 + 80.4 + 35.77

= $618.60

Money left in the account after making transactions = 899.83 - 618.60

= $281.23

Sue's share of cost of TV = $305.22

If she agrees to buy a TV, her account will be overdrawn by $23.99 (281.23 - 305.22) as balance in account is lesser than cost of TV.