Question

Last month, the balance on Ashley's bank account was $1,219.17. Since that time she

has deposited her latest paycheck of $1,503.89 and made three payments. She paid
$600.00 for rent, $128.89 for a loan repayment, and $175.37 for a car payment. What is
the current balance on her bank account?
I cannot figure this out

Answer 1

The answer is $1818.80

Answer 2

$1818.80 is the current balance on her bank account.

Explanation:

Work it out step-by-step, with each change in her bank balance.

She starts with $1219.17.

She then adds her latest paycheck. Her balance is now $1219.17 + $1503.89 = $2723.06.

She then pays $600 for rent. Her balance is now $2723.06 - $600 = $2123.06.

She then pays $128.89 for a loan repayment. Her balance is now $2123.06 - $128.89 = $1994.17.

She finally pays $175.37 for a car repayment. Her balance is $1994.17 - $175.37 = $1818.80