Question

The initial balance of a savings account was $676. After which transactions will the balance of the savings account be the same as the initial balance? A. A withdrawal of $45, followed by a withdrawal of $45 Vocabulary Box: B. A deposit of $36, followed by a withdrawal of $36 Initial balance: starting amount ($$) C. A withdrawal of $67, followed by a deposit of $45 Transactions: deposits or withdrawals D. A deposit of $168, followed by a deposit of $168 Deposit: Put money in (+) please help

Answer 1

B

Step-by-step explanation

The intial balance of the savings account was $676.

Let us check the options A to D to see which of them is going to leave the same amount as the initial amount.

A. A withdrawal of $5 followed by a withdrawal of $45.

A withdrawal means money was taken so, the final balance will be:

$(676 - 45 - 45)

= $586

The final is not the same as the initial.

B. A deposit of $36, followed by a withdrawal of $36.

A deposit means money was added to the account, so the final balance is:

$(676 + 36 - 36)

= $676

The final amount is the same as the initial.

C. A withdrawal of $67, followed by a deposit of $45.

So, the final balance will be:

$(676 - 67 + 45)

= $654

The final amount is not the same as the initial.

D. A deposit of $168, followed by a deposit of $168.

So, the final balance will be:

$(676 + 168 + 168)

= $340

The final amount is not the same as the initial.

So, the correct choice is B because the final amount is the same as the initial amount