Question

City bank requires a minimum balance of $1500 to maintain free checking services. If Mr. Hayashi knows he must write checks for $1300 and $947, how much money should he have in his account before writing the checks?

Answer 1

Answer: $3747

Explanation:

From the question, we are informed that City bank requires a minimum balance of $1500 to maintain free checking services and that Mr. Hayashi knows he must write checks for $1300 and $947.

The total money that he should have in his account before writing the checks will be:

= $1500 + $1300 +$947

= $3747