Question

Your bank account balance was $235.24 . After 2 checks were cashed (each for the same amount) your balance is now -$45.58. What was the amount of each of those checks

Answer 1

$140.41

Explanation:

Given that your bank account balance was $235.24. Now 2 checks were cashed at the same time of the same amount.

Let the amount of the each check be $x

Given that the bank balance after drawing those two checks is -$45.58

The amount drawn from the bank is = Bank balance before the transaction - Bank balance after the transaction .

The amount drawn = 235.24 - (-45.58) = $280.82

Also the amount drawn = 2x

2x = 280.82

x = 140.41

Therefore the amount of each of the checks is $140.41