Question

Mr darling has $300 deducted from his checking account every month for her car payment. He also had $150 deducted every month for his insurance. After 1 year, by how much do these payments change his checking account balance

Answer 1

Explanation:

1 year = 12 months.

$300 + $150 =$450

$450*12=$5400

Answer 2

Explanation:

1 year = 12 months.

so, 12 months of deducting $300 and $150 (= $450).

after 1 year these payments have reduced his account balance by 12×450 = $5400