Question

Ms abiola transferred 500$ from her savings account to a checking account on the 10th of the same month she made a deposit of 150$, payday was the 15th of March, Ms Abi's check of 148.50 was deposited the same day, she wrote a check of 157.25 all the other bills totaled to 1000$, these items were paid for from the checking account. What is the balance in her checking account at the end of March?

Answer 1

Answer: Balance = (X + 391.25) dollars.

Step-by-step explanation: Base on the information provided.

Let assume that Ms Biola initial amount in checking account = X

500 dollars was transferred into the account.

She made 150 dollars per day from 10th to 15th. I.e six day

150×6 = 900 dollars

148.5 dollars was also deposited

The Total amount

T = X + 500 + 900 + 148.5

= X + 1548.5

She wrote a check of 157.25 and settled Bill's of 1000 dollars

The balance at the end of March will be:

Balance = X + 1548.5 - 1157.25

Balance = (X + 391.25) dollars.