Question

Ach day of the week, Michael went to the bank and either deposited or withdrew money from his bank account. On Monday, he withdrew $10. On Tuesday, he deposited $3. On Wednesday, he deposited $4. On Thursday, he withdrew $15. On Friday, he withdrew $8.

Answer 1

Total withdrawals=$33

Total deposits= $7

Explanation:

We are expected to determine the cash flow in the account

Step one:

given data

Total withdrawals

Monday=$10

Thursday=$15

Friday=$8

Total= 10+15+8=$33

Step two:

Total deposits

Tuesday=$3

Wendesday=$4

Total= 3+4

Total= $7

In all, this show that more money is leaving the account than entering the account