Question

Javier had $305 in his bank account. His bank charges a fee of $7.50 each month that a balance is below $500. If he makes no other deposits or withdrawals, how much money is in Javier’s account at the end of three months?

Answer 1

7.50*3 = 22.50
305 - 22.50 = 282.50

Answer 2

Answer:
`\$282.5`

Explanation:

Given : Javier had $305 in his bank account.

His bank charges a fee of $7.50 each month that a balance is below $500.

If he makes no other deposits or withdrawals, then the amount of deductions in Javier’s account at the end of three months will be :-

`\$7.50*3=\$22.5`

Now, the amount of money in Javier’s account at the end of three months :-

`\$305-\$22.5=\$282.5`