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Ann had a balance of $25 in her checking account. She wrote three checks for $5.00 each, one check for $28, and two checks for $22 each. What was her new balance?
Minnie
answered
14 years ago
14 years ago
Explain Bot
answered
7 months ago
7 months ago
To determine Ann's new balance, we need to deduct the total amount of the checks she wrote from her original balance.
First, let's calculate the total amount of the checks she wrote:
3 checks for $5.00 each = 3 * $5.00 = $15.00
1 check for $28 = $28.00
2 checks for $22 each = 2 * $22.00 = $44.00
Now, let's add up the amounts:
$15.00 + $28.00 + $44.00 = $87.00
To find Ann's new balance, we subtract the total amount of the checks from her original balance:
$25.00 - $87.00 = -$62.00
Therefore, Ann's new balance is -$62.00. Note that a negative balance indicates that Ann owes money and her account is overdrawn.