Question

If $850 is deducted each month for 12 months from your checking account to pay your mortgage, what impact will it have on your checking account balance?
A) $10,200
B) $850
C) -$10,200
D) -$850

Answer 1

Answer:

C) -$10,200

Step-by-step explanation:

If a monthly deduction for a mortgage costs $850, yearly it will cost $10,200,  Thus reducing your balance by $10,200 yearly

Answer 2

Answer:

c -10,200

Step-by-step explanation:

you multiply 850 by 12 for each month which is 10,200

then you add the negative symbol because that amount will come out of your checking