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Theresa had $1000 in her checking account and a balance of $800 to pay on a loan. Theresa used money from her checking account to make a payment that decreased her loan to half of the balance. What is her new checking account balance?

$200

$400

$500

$600

2 Answers

4 votes
she has six hundred dollars left in her checking.

start w the total which is oneK. this looks like ten.

split eight hundred in half {eight}, new total is four hundred {four}.

going back to the original total, oneK {or ten}, has a deduction of four hundred {or four}, leaving her with six hundred dollars.
User Jmtoung
by
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4 votes

Answer:

Explanation:

Here are the steps to solve the problem:

Theresa had $1000 in her checking account.

Theresa had a balance of $800 to pay on a loan.

Theresa used money from her checking account to make a payment that decreased her loan to half of the balance.

The payment amount is equal to the original balance minus half of the original balance:

Payment amount = $800 - ($800/2) = $400

After the payment, the loan balance is now half of the original balance:

New loan balance = $800/2 = $400

To find her new checking account balance, we need to subtract the payment amount from her original checking account balance:

New checking account balance = $1000 - $400 = $600

Therefore, Theresa's new checking account balance is $600.

User Yavuz
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