Question

At the beginning of the month Thembakazi's bank balance was R28753,79. She made the following payments: R329, R789,23 and R854,45. A deposit of R340 was also made. What is the closing balance of the account?​

Answer 1

Answer: Let’s calculate the closing balance of Thembakazi’s account.

At the beginning of the month, Thembakazi’s bank balance was R28753,79.

She made the following payments:

R329

R789,23

R854,45

A deposit of R340 was also made.

To calculate the closing balance of the account, we need to subtract the total amount of payments from the beginning balance and add the deposit amount.

The total amount of payments is R1972,68 (R329 + R789,23 + R854,45).

Therefore, the closing balance of Thembakazi’s account is:

R26721,11.