asked 214k views
5 votes
Calculate the current balance on your checking account if the previous balance was $129.32. You wrote checks for $59.73 and $32.95 and later made a deposit of $754.23.

2 Answers

4 votes
the balance would be $790.87
answered
User Afsana
by
7.8k points
0 votes

Answer:

The current balance will be $ 790. 87

Step-by-step explanation:

Let the opening balance be $ 129.32

Two withdrawals were made: $ 59.73 and $ 32.95. The total sum of these two withdrawals was
T_(withdrawal) = $ 59.73 + $ 32.95\\ = $ 92.68

The reminder after withdrawal will be $ 129.32 - $ 92.68 = $ 36. 64

At a later stage, a deposit of $ 754.23 was made. The new balance will be;

balance = $ 754.23 + $ 36.64

= $ 790. 87

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