Question

Mary has a balance of $500 in her checking account. She withdraws $100, then deposits $200. If Mary writes a check for $50 to buy clothes, what is her new balance? A) $450 B) $550 C) $600 D) $650

Answer 1

Mary's balance is B) $550

Explanation:

Lets make a ledger of Mary's transactions.

Balance ($)

Starting balance 500

Withdraw $100 400 [500 - 100]

Deposit $200 600 [400+200]

Clothes $50 550 [600 - 50]

Mary's balance is B) $550