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Andrei [34K]
3 years ago
8

Teddy has an initial balance at the beginning of the month of $104.66. He deposits $210.00 and writes checks for $33.90, $56.11

and $75.00. He also withdraws $50 twice from the ATM, which has a surcharge of $1.50 per withdrawal. If his bank charges a service fee of $3.00 per month plus 25 cents per check, what will his balance be at the beginning of the following month? a) $75.00 b) $73.14 c) $32.87 d) $42.90
Mathematics
1 answer:
enot [183]3 years ago
3 0

Answer:

d) $42.90

Step-by-step explanation:

Beginning balance   104.66

Deposit                  +  210.00

Checks                    -   33.90

                                -   56.11

                               -    75.00

ATM                        -    50.00

                               -    50.00

Surcharge              -       1.50

                               -      1.50

Service fee            -       3.00

Check fee              -        .25

                              -        .25

                              -        .25

Total                           42.90

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