Question

Jose Rodriguez's checking account had a starting balance of $1,234.56. He wrote a check for $115.12 End of exam for plumbing supplies and a check for $225.00 for a loan payment. Yesterday he deposited $96.75 in his checking account. What is Jose's current balance?

Answer 1

934 894.44 994.44 991.44


answer 991.19

Answer 2

$894.44

Explanation:

If Jose Rodriguez has a starting balance of $1234.56 and he writes a check of $115.12 for pumbing supplies and a check for $255 for a loan payment.

He has a remaining balance of:

`=1234.56-115.12-225=894.44`

If he deposited $96.75 in his account the day before these payments, then this amount is included in the starting balance of $1234.56.

Therefore Jose has a current balance of $894.44