Question

Tyrone's bank account had a balance of -$72.04 last week. His paycheck of $335.67 was deposited this week. If there have been no

other transactions, which of the following is true?
OA. Tyrone's current account balance is $263.63.
is $263
OB. Tyrone's current account balance is
$263.63.
OC. Tyrone's current account balance is -$407.71.
OD. Tyrone's current account balance is $407.71.

Answer 1

Hello, the correct answer to the question should be
`263.63` dollars.

Tyrone does not have any money in his bank account. Also, his balance contains a negative symbol, which means that he owes money to the bank.

• 
  `Balance=-72.04`

When his paycheck arrives, money will come into his account. This means that Tyrone will pay off his debt to the bank.

• 
  `335.67-(72.04)`

Since the money coming into his account and his balance have different symbols, we will add the two values and get the result.

• 
  `=263.63` dollars.