Question

Liam's monthly bank statement showed the following deposits and withdrawals.If Liam's balance in the account was $62.45 at the beginning of the month, what was the account balance at the end of the month?

Answer 1

First, let's take the inital balance and add all the deposits:

`62.45+32.35+63.09+98.79=256.68`

Then, we'll take this amount and substract all the withdrawals:

`256.68-114.95-79.41=62.32`

This way, we can conclude that the account balance at the end of the month was $62.32