Question

matthew opened a checking account with 150. On monday, he bought lunch for 9.30 and wrote a check for 25.75. He deposited 75 on wednesday, and 65.18 was deducted for his car insurance on thursday. How mch money was remaining in his account

Answer 1

Answer:

124.77

Step-by-step explanation:

Matthew opened a checking account with 150

On Monday he bought lunch for 9.30 and wrote a check for 25.75

He deposited 75 on Wednesday

On thursday 65.18 was deducted from the account for his car insurance

The total expenses incurred on Monday can be calculated as follows

=9.30+25.75

= 35.05

This means that 35.05 will be debited from his account

On wednesday, he made a deposit of 75, this implies that a credit will be made to his checking account

On thursday, 65.18 was removed from his account for car insurance

Therefore since the initial balance of the account was 150 then, the remaining money that will be left in his account can be calculated as follows

= 150-35.05+75-65.18

= 124.77

Hence the money remaining in Matthew's account is 124.77