Question

Tm worker went to his bank. He deposited $72.15 and the teller credited $5.79 to his account for interest. Tim's initial

balance was $1226.4 what will his new balance be?
$115978
$1,304.08
$1143 20
$129250

Answer 1

Tim's new balance will be $1304.34

Explanation:

• Step 1: Calculate the new balance by totaling the initial balance, credit and deposit.

New balance = 1226.4 + 5.79 + 72.15

= $1304.34