Question

kevin has a cheaking acount. This month he deposits three paychecks. Each paycheck is for $225.72. he also makes paychecks for utilities. Each payment is for $75 He makes a third payment for$125. What is the approximent change in kevinś acount ?

Answer 1

The approximate change in Kevin's account after accounting for deposits and payments is $327.16.

Step-by-step explanation:

Calculating the Change in Kevin's Account

To calculate the approximate change in Kevin's account, we need to add the total deposits and then subtract the total payments. Kevin deposits three paychecks, each worth $225.72. So first, we find the total deposit amount:

Total deposit = 3 * $225.72 = $677.16

Next, Kevin makes paychecks for utilities, each payment being $75. The total payment for utilities is:

Total utilities payment = 3 * $75 = $225

He also makes a third payment for other expenses, which is $125. Now, we calculate the total payments:

Total payments = Total utilities payment + Third payment

Total payments = $225 + $125 = $350

The approximate change in Kevin's account is the total deposit minus the total payments:

Change in account = Total deposit - Total payments

Change in account = $677.16 - $350 = $327.16

Therefore, the approximate change in Kevin's account after the deposits and payments is $327.16.