Question

Jose has $178.74 in his checking account. He wrote checks for $36.52, $18.92, and $25.93. He also deposited $300.00, $100.00, and $205.16. What is the final balance in Bob's checking account?V

Answer 1

$702.53

Explanation:

Start with Jose's initial balance.

`178.74`

He wrote checks, so we have to subtract the total amount the checks were worth. Let's first add the three amounts.

`36.52+18.92+25.93`

Solve.

`81.37`

Subtract the total amount of the checks from Jose's initial balance.

`178.74-81.37`

Solve.

`97.37`

The amount above is now what is in Jose's checking account.

But, he also deposited money, meaning he put money in his checking account. Now, let's add the three amounts he deposited.

`300.00+100.00+205.16`

Solve.

`605.16`

The amount above is what Jose adds to his checking out.

Add the total value of the deposited money and his new balance.

`605.16+97.37`

Solve.

`605.16+97.37=702.53`