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1 vote
Suppose you must maintain a balance of at least $800 in your checking account in order

to have free checking. The balance in your
account is $849.50 before you write a check
for $45. How much cash can you withdraw
from the account and still have free checking?

User Loar
by
7.6k points

2 Answers

3 votes
849.50-$45=804.5 that is the answer
User Neeru
by
6.6k points
3 votes

Answer: You can withdraw $4.50 and still have free checking.

Explanation:

If there's $849.50 in your checking account before you withdraw $45, subtract the amounts.

849.50 - 45.00 = 804.50

Since you will need at least $800 to have free checking, subtract the remaining balance in your account.

804.50 - 800.00 = 4.50

So the maximum amount you could withdraw would be $4.50.

-Just An Average 6th Grader- :)

User Radek Wyroslak
by
7.4k points