Question

At the end of may,mrs.freeman had a bank account balance of $442.37 since then,she has written a check for $63.92 and made a depoist of $350.000.Mrs freeman says she has $729.45 in her bank account. Make a table to determine if Mrs.freeman is correct.

Answer 1

shes wrong

Explanation:

Answer 2

Using a table, we can see that Mrs. Freeman is not correct about the bank account balance.

How to find the balance ?

The table would be:

Transaction Amount Balance

Starting Balance $442.37

- Check Written -$63.92 $378.45

+ Deposit Made +$350.00 $728.45

Based on the table, Mrs. Freeman is incorrect. Her calculated balance after the deposit should be $728.45, not $729.45. She is off by $1.

Starting balance: $442.37

Check written: -$63.92 (subtract because it's a withdrawal)

Balance after check: $442.37 - $63.92

= $378.45

Deposit made: +$350.00 (add because it's a deposit)

Calculated balance: $378.45 + $350.00

= $728.45