Question

lucia checked her online bank statement which shows the current balance is $381.23 pending withdrawals are $461.50 and pending credits are $182.15. what is lucia’s current available balance

Answer 1

$101.88.

Explanation:

To find Lucia's current available balance, we need to subtract the pending withdrawals from the current balance and then add the pending credits.

Let's calculate step by step:

1. Start with Lucia's current balance: $381.23

2. Subtract the pending withdrawals: $381.23 - $461.50 = -$80.27

Since the pending withdrawals are more than the current balance, we have a negative balance.

3. Add the pending credits: -$80.27 + $182.15 = $101.88

Therefore, Lucia's current available balance is $101.88.