Question

Ethan has a checking account. His opening balance on 10/10 was $160. The bank charges $1.75 for each nonbank ATM transaction, 25¢ for each check he writes, and 35¢ for each debit card transaction. Ethan made the following transactions:
Wrote $55 check for guitar lesson on 10/12
Deposited $40 paycheck on 10/15
Made $27 debit card purchase on 10/18
Transferred $15 from savings account on 10/21

What is Ethan’s balance after the transaction on 10/21?

Answer 1

His balance on 10/10 would be determined by taking the amounts he deposited, transferred, and transacted. After doing all the math his balance would be $132.40