Question

Angel opened a new checking account with a deposit of $90.39.

He spent $22.47 at the pet store, 46.10 at the gas station, and
27.09 at the grocery store. He wants to go out to a restaurant for
dinner, which will cost $18.30. Does Angel have enough money in
his checking account?

Answer 1

To determine if Angel has enough money in his checking account, let's calculate his current balance:

Starting balance: $90.39

Spent at the pet store: -$22.47

Spent at the gas station: -$46.10

Spent at the grocery store: -$27.09

Cost of dinner at the restaurant: -$18.30

Now, let's subtract these expenses from the starting balance:

$90.39 - $22.47 - $46.10 - $27.09 - $18.30 = $90.39 - $113.96 = -$23.57

Angel's current balance is -$23.57, which means he does not have enough money in his checking account to cover all these expenses.

Answer 2

No, Angel doesn't have enough money in his checking account.

Explanation:

Definition: A checking account is a type of deposit account held by a bank or other financial institution that allows depositors to withdraw money easily by writing checks, using an ATM card, or writing online instructions.

Solution:

In order to find out if Angel has enough money in his checking account to go out to dinner, we can subtract the amount he has already spent and needed to spend from the amount he deposited:

Now,

Left amount = Deposit amount - pet store amount - gas station amount - grocery amount - restaurant dinner amount

= $90.39-$22.47-$46.10-$27.09-$18.30

= $90.39 - $113.96

= -$23.57

After deducting all his expenses, Angel's account balance is -$23.57. This means he does not have enough money in his checking account, and he would have a deficit of $23.57.

Answer: No, Angel doesn't have enough money in his checking account to go out to dinner.