Question

Edith is balancing her lawn care business' check registry. Her initial balance was $5,850.25. She deposited a check for $45.00 and a check for $55.50. Edith then purchased a new rake for $32.65 and spent $17.50 on gas for the lawn mower. What is the balance after the deposits and purchases? $5,900.60 $5,699.60 $150.65 $6,000.90

Answer 1

$5,900.60

Explanation:

To find the new balance, you have add the deposits and subtract the purchases from the initial balance:

Initial balance $5,850.25

+ Check $45.00

+ Check $55.50

- Rake $32.65

- Gas $17.50

Final balance $5,900.60

According to this, the answer is that the balance after the deposits and purchases is $5,900.60.

Answer 2

$5900.60

Explanation:

We simply need to add the deposits to her initial balance and subtract the purchases from her initial balances.

Her initial balance was $5,850.25.

She deposited a check for $45.00 and a check for $55.50.

Her new balance is:

5850.25 + 45.00 + 55.50 = $5950.75

Edith then purchased a new rake for $32.65 and spent $17.50 on gas for the lawn mower.

Her new balance is:

5950.75 - (32.65 + 17.50)

5950.75 - 32.65 - 17.50 = $5900.60

The new balance is $5900.60