Question

Your checking account balance on May 15 is $124.25. You deposit $223.56 on May 20, write a check for $89.56, and withdraw $80.00 from an ATM on May 25. What is your current balance?

Answer 1

Answer: $178.25

Step-by-step explanation: Your balance on May 15 is $124.25. On May 20, you deposit $223.56, which increases your balance to $124.25 + $223.56 = $347.81. You then write a check for $89.56, which decreases your balance to $347.81 - $89.56 = $258.25. Finally, you withdraw $80.00 from an ATM on May 25, which decreases your balance to $258.25 - $80.00 = $178.25. Therefore, your current balance is $178.25.

Answer 2

Answer: 178.25

Explanation:

124.25 + 223.56 - 89.56 - 80.00