Question

Olivia has $240 in her bank account each month ,her bank deducts a $12.50 fee for maintaining a balance below $250. If Olivia makes no other deposits or withdrawls how much money will be in her account at the end of five months?

Answer 1

240 × 5 - 12.5 = 1187.5

Answer 2

The answer is $177.50 attached is work that can help prove the answer