Question

Last month, Roger's checking account had a balance of $347.20. Since then, Roger deposited his paycheck of $563.89 and withdrew $478.53. What is Roger's checking account balance now?

A) $432.56
B) $432.56
C) $432.56
D) $432.56

Answer 1

Roger's checking account balance, after depositing a paycheck of $563.89 and withdrawing $478.53 from an initial balance of $347.20, is now $432.56.

Step-by-step explanation:

To calculate Roger's checking account balance after depositing his paycheck and making a withdrawal, we need to perform a couple of simple arithmetic operations. We will start with the original balance and then add the paycheck amount. After that, we subtract the amount that was withdrawn to find the new balance.

Original balance: $347.20
Paycheck deposit: $563.89
Amount withdrawn: $478.53

We calculate the new balance as follows:

New balance = Original balance + Paycheck deposit - Amount withdrawn
New balance = $347.20 + $563.89 - $478.53
New balance = $432.56

Therefore, Roger's checking account balance is now $432.56.