Question

1. Mr. Park pays $1000 per month in rent.

Before depositing his paycheck, his checking
account balance was $359.47. After the
deposit, it was $1441.33. Will Mr. Park have
enough money to pay his rent?

Answer 1

Mr Park has enough money to pay his rent.

Explanation:

The amount of the monthly rent paid = $1000

The account balance after depositing the paycheck = $1441.33

Now, to pay the rent,account should have more than the rent money $1000

Also, $1441.33 > $1000

⇒ The amount in the bank after depositing the paycheck > The rent to be paid

Hence, Mr Park has enough money to pay his rent.