Jerry had $1,018.00 in savings. Last week he spent $84.00 on a desk and $372.00 on a computer from his savings. This week at a part time job sacking groceries Jerry earned $88.00 and put $44.00 of it back into savings. How much more money does Jerry need to put into savings to be back to the original balance of $1,018.00?

Question

Jerry had $1,018.00 in savings. Last week he spent $84.00 on a desk and $372.00 on a computer from his savings. This week at a part time job sacking groceries Jerry earned $88.00 and put $44.00 of it back into savings. How much more money does Jerry need to put into savings to be back to the original balance of $1,018.00?

Responses
A $324.00$324.00
B $368.00$368.00
C $412.00$412.00
D $456.00

Answer 1

Let's go step by step to calculate how much more money Jerry needs to put into his savings to get back to the original balance of $1,018.00.

1. Jerry initially had $1,018.00 in savings.
2. He spent $84.00 on a desk and $372.00 on a computer: $84.00 + $372.00 = $456.00 spent in total.
3. After spending this money, his savings would be: $1,018.00 - $456.00 = $562.00 left in savings.
4. Jerry earned $88.00 at his part-time job and put $44.00 back into savings.
5. After putting money back, his new savings balance would be: $562.00 + $44.00 = $606.00.

To determine how much more money Jerry needs to put back to reach his original balance, we subtract his current savings from the original savings balance:

$1,018.00 (original balance) - $606.00 (current balance) = $412.00 more needed.

So, the correct answer is:

C $412.00