Question

2 deposits each of $1246.78, $49.63 Checks, $125.78, $203.12, $37.89. Withdrawals of $100.00, $250.00, $175.00, 2 fees each of $10.00 and one fee of $5.75 What is the amount in the account at the end of the month?

Answer 1

To find the amount in the account at the end of the month, add up all the deposits and subtract all the withdrawals and fees.

Step-by-step explanation:

To find the amount in the account at the end of the month, we need to add up all the deposits and subtract all the withdrawals and fees.

Deposits: $2493.56 (2 deposits of $1246.78)

Withdrawals: $525.00 ($100.00 + $250.00 + $175.00)

Fees: $25.75 ($10.00 + $10.00 + $5.75)

To calculate the amount in the account, we add the total deposits and subtract the total withdrawals and fees

Total Amount = Deposits - Withdrawals - Fees

Total Amount = $2493.56 - $525.00 - $25.75

Total Amount = $1942.81

Therefore, the amount in the account at the end of the month is $1942.81.