Question

Logan's monthly bank statement showed the following deposits

and withdrawals:
$31.34, $117.42, -$52.48, -$102.33, $64.90
If Logan's balance in the account was $82.63 at the
beginning of the month, what was the account balance at
the end of the month

Answer 1

141.48

Explanation:

Find the total net change:

Find the total net change:

31.34

+

117.42

+

(

−

52.48

)

+

(

−

102.33

)

+

64.9

31.34+117.42+(−52.48)+(−102.33)+64.9

=

58.85

=58.85

Add total net change to the initial value:

Add total net change to the initial value:

82.63

+

58.85

=

82.63+58.85=

 

 

141.48

141.48

The account balance was $141.48 at the end of the month.

The account balance was $141.48 at the end of the month.

Answer 2

Logan's monthly bank statement showed the following deposits

and withdrawals:

$31.34, $117.42, -$52.48, -$102.33, $64.90

If Logan's balance in the account was $82.63 at the

beginning of the month, what was the account balance at

the end of the month