Question

The current balance of Bob's checking account is $237.70. Find the new balance after he writes a check for $29.94.

Answer 1

After subtracting the check amount of $29.94 from the current balance of $237.70, Bob's new checking account balance is $207.76.

Step-by-step explanation:

The question involves calculating the new balance in Bob's checking account after he writes a check. The current balance is $237.70, and Bob writes a check for $29.94. To find the new balance, we need to subtract the amount of the check from the current balance.

Here's the calculation step-by-step:

1. Identify the current balance, which is $237.70.
2. Identify the check amount, which is $29.94.
3. Subtract the check amount from the current balance: $237.70 - $29.94.
4. Calculate the new balance: $207.76.

Therefore, after writing the check for $29.94, Bob's new checking account balance is $207.76.