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2 years ago

Ryan Massey wants to deposit the following into his savings account: 28 ten-dollar bills, 9 five-dollar bills,

Mathematics

1 answer:

Bogdan [553]2 years ago

5 0

After he withdraws $50.00 in cash the bank reconciliation shows that Ryan would have: $1 501.98 in bank balance.

<h3>What is the solution to the above?</h3>

Add all the deposits

28 x 10 = 280
9 x 5 = 45
20 x 0.25 = 5
85 x 0.10 = 8.5
32 x 0.01 = 0.32

Total = $338.82

Add the checks

654.24 + 100.00 + 458.92

= $1,213.16

Total amount deposited is: Cash + Check

1,213.16 + 338.82

Total Deposit = $1,551.98

Less withdrawal of $50

$1,551.98 - $50

Balance left = 1 501.98

Learn more about Bank Transactions at;
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Full Question:

Ryan Massey wants to deposit the following into his savings account: 28 ten-dollar bills, 9 five-dollar bills, 20 quarters, 85 dimes, 32 pennies, and three checks for $654.24, $100.00, and $458.92. He wants to receive $50.00 in cash.

How much cash would he lave left after he withdraws $50.00 in cash?

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