Question

Barbie's passbook savings account started out with $120.00 as last month's balance. Since then, she has made two deposits of $25 67 and $13354, a withdrawal of $145 00, and interest added of $3 60. What is her current balance? $130.61 $137 81 $163.48 $282.81

Answer 1

Barbie's current balance will be,

`(\text{Savings account + the two deposits +the interest)}-(\text{the withdrawal)}`

Saving's account= $120.00

Summation of the two deposits= $25.67 + $133.54= $159.21

Interest= $3.60

Withdrawal= $145.00

Barbie's balance,

`\begin{gathered} \text{ (\$120.00+\$159.21+\$3.60)}-\text{ \$145}.00 \\ =\text{ \$282.81-\$145.00} \\ =\text{ \$137.81} \end{gathered}`

Hence, Barbie's current balance is $137.81.

Option B is the right answer.