Question

6) Last month, Yaws checking account

had a balance of Ghc347.20. Since then,
Yaws deposited his paycheck of
Ghc563.89 and withdrew Ghc478.53.
What is Kofi's checking account balance
now?

Answer 1

9514 1404 393

Answer:

Ghc432.56

Explanation:

Deposits add to the balance; withdrawals subtract from the balance.

new balance = old balance + deposits - withdrawals

new balance = 347.20 +563.89 -478.53 = 432.56

Kofi's balance is now Ghc432.56.