Question

Roger wants to make a deposit into his savings account. He is depositing 2 checks, one for 95.62 and the other for $432.50. He would like to receive $60.00 in cash after the deposit. Calculate the amount that he will be depositing into his savings account. ​

Answer 1

$468.12

Explanation:

Given that:

Amount to deposit:

Check 1: = $95.62

Check 2 = $432.50

Amount he'll like to receive or withdraw = $60

Total amount he'll be depositing :

Check 1 + Check 2 - withdrawal

$95.62 + $432.50 - $60

= $468.12