Tyrone's bank account had a balance of -$50.65 last week. His paycheck of $269.39 was deposited this week. If there have been no other transactions, which of the following is true?
A.
Tyrone's current account balance is $320.04.
B.
Tyrone's current account balance is -$218.74.
C.
Tyrone's current account balance is -$320.04.
D.
Tyrone's current account balance is $218.74.
To determine Tyrone's current account balance, we add his previous balance to his paycheck deposit.
Previous balance: -$50.65
Paycheck deposit: $269.39
Current account balance = Previous balance + Paycheck deposit
= (-$50.65) + $269.39
= $218.74
Therefore, the correct answer is D. Tyrone's current account balance is $218.74.
To find Tyrone's current account balance, we need to add his paycheck to his previous balance.
Previous balance: -$50.65
Paycheck: $269.39
To find the current balance, we add these two amounts:
-$50.65 + $269.39 = $218.74
Therefore, Tyrone's current account balance is $218.74.
The correct answer is D. Tyrone's current account balance is $218.74.