Question

Karen opened a checking account by depositing $500. She wrote checks for $13.85, $28.14 and $230.18. She made a deposit which was a tenth of the opening balance. What is the balance in her account?

Answer 1

One tenth of 500 is 50
13.85 + 28.14 + 230.18 = 272.17
500 + 50 = 550
550 - 272.17 = 277.83
Balance = $277.83