Question

Abe had 156.43$ in his bank account at the beginning of the month. He made the two withdrawals shown in his check register. How much money does he have left in his bank account? He must have at least 100$ in his account by the end of the month or he will be charged a fee. How much money does he need to deposit to avid being charged a fee?

Answer 1

1. $92.05
2. $7.95

Explanation:

1. Abe had $156.43 in his account and then withdrew $24.97 and $39.41. The amount left is;

= 156.43 - 24.97 - 39.41

= $92.05

2. He needs to have at least a $100 to avoid a fee so the minimum he needs to deposit is;

= 100 - 92.05

= $7.95