Luis has an account at GESA Credit Union. He had a balance of $500.00 starting January 15th. He made deposits of $100, $250, and

Question

2 years ago

11

Luis has an account at GESA Credit Union. He had a balance of $500.00 starting January 15th. He made deposits of $100, $250, and

$300. He also made withdrawals of $400.32, $100, $55.55, and $62.62. What would be his ending balance after all the transactions?
SHOW THE WORK PLEASE

Mathematics

1 answer:

alexira [117] · Answer 1 · 2022-09-14T18:31:22+03:00

alexira [117]2 years ago

7 0

Answer:

the ending balance is $531.51

Step-by-step explanation:

The computation of the ending balance is shown below:

= Opening balance + all deposits - all withdrawls

= $500 + $100 + $250 + $300 - $400.32 - $100 - $55.55 - $62.62

= $531.51

hence, the ending balance is $531.51