Question

On February 1, Marta had $1,704.29 in a checking account. During the month, she made deposits of $714.87 and $1,249.57, wrote checks for $811.45, $939.49, and $1,531.79, and had a total of $560 in ATM withdrawals. Find her checking account balance at the end of the month.

Answer 1

There is a negative balance of $ 174.

Explanation:

Amount in account = $ 1704.29

deposits = $ 714.87 , $ 1249.57

Amount paid by checks = $ 811.45, $ 939.49, $ 1531.79

ATM withdraw = $ 560

Account balance at the end of the month is

= $ 1704.29 + $ 714.87 + $ 1249.57 - $ 811.45 - $ 939.49 - 1531.79 - $ 560

= - $ 174