Question

Eliza Savage received a statement from her bank showing a checking account balance of $324.18 as of January 18. Her own checkbook shows a balance of $487.38 as of January 29. The bank returned all of the cancelled checks but three. The amounts of these three checks are $15.00, $77.49, and $124.28. How much did Eliza deposit in her account between January 18 and January 29?

Answer 1

The amount she deposited in her account between January 18 and January 29 is $379.97

Explanation:

Given :

Eliza showing a checking account balance of $324.18 as of January 18.

Her own checkbook shows a balance of $487.38 as of January 29.

The bank returned all of the cancelled checks but three. The amounts of these three checks are $15.00, $77.49, and $124.28.

To Find : Eliza deposit in her account between January 18 and January 29.

Solution :

Eliza showing a checking account balance of $324.18 as of January 18.

Total amount of three checks = $15.00 + $77.49+ $124.28 =$216.77

The account balance after the deduction of three checks amount

= $324.18 -$216.77 = $107.41

So, the new balance is $107.41.

Her own checkbook shows a balance of $487.38 as of January 29.

So, the amount she deposited between January 18 and January 29

= $487.38-$107.41 = $379.97

Hence , The amount she deposited in her account between January 18 and January 29 is $379.97

Answer 2

3 checks total : 15.00 + 77.49 + 124.28 = 216.77

that amount will still need to be deducted from the bank

so 324.18- 216.77=107.41

her checkbook has a total of 487.38

487.38-107.41 = 379.97 is the amount she deposited into her account