Question

Check for understanding:

Daniel has a checking account balance of $460.63. He must pay $85.23 for groceries and
$81.34 for his cell phone bill. He also received a shopping refund for $52.13. Does Daniel
have enough money to make his $264.00 car payment? Explain.
My learning notes:

Answer 1

Daniel does have enough money to make this car payment

Explanation:

Addition and Subtraction

Daniel has an initial balance of $460.63 on this checking account.

He must pay $85.23 for groceries.

The new balance is $460.63 - $85.23 = $375.40

He then pays $81.34 for his cell phone bill. The balance is now $375.40 - $81.34 = $294.06.

He receives a shopping refund of $52.13 that adds up to this balance that now is: $294.06 + $52.13 = $346.19.

Daniel has to make his $264 car payment. The balance is $346.19, thus:

Daniel does have enough money to make this car payment