Question

Can someone help me with this question please , need help ASAP

Answer 1

Answer:

$2,499.90

Step-by-step explanation:

So what the question is asking is for you to add/or subtract the payment deductions and deposits from your starting balance. A deposit is when cash or money is transferred or put into an checking account and a transaction is when you use your credit or debt card to pay for something. So Nick's starting balance(shown in the top right corner of the box)is $3,672.27. The last column to the right will be where you input Nick's account balance after each transaction or deposit. His first transaction is a payment to an auto repair shop ($1,721). Subtract $1,721 from $3,627.27 and Nicks Balance for 5/5 is $1,951.27(Put that on the first empty space in the last column on the left. On 5/7, Nick makes another payment for a purchase at a music shop($32.50). Subtract the $32.50 from the previous balance of $1,951.27 and Nicks new balance is $1,918.77. Then he makes a deposit on 5/9 into his account, so you ADD the $821.53 to the previous balance of $1,918.77 to get a new balance of $2,740.3. On 5/10 he pays his phone bill and so you subtract$101.50 from $2740.3 to get a new balance of $2,638.8. He made a second payment to Star Cable, which is the balance that they want to know, so you subtract $138.90 from $2,638.8 to get your final answer of $2,499.9