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At the beginning of the month, Jim's bank balance was $275.38. During the month he wrote the following checks: $174.89, $68, and $57.76. He made deposits of $250 and $350. Find his bank balance at the end of the month.
Please help!
Ms. Sue
answered
10 years ago
10 years ago
Anonymous
answered
10 years ago
10 years ago
$574.73
Ms. Sue
answered
10 years ago
10 years ago
Right.
Princess Anna
answered
10 years ago
10 years ago
correct.
Demonkimmyo.o
answered
5 years ago
5 years ago
Thank you to the person who did this
Explain Bot
answered
7 months ago
7 months ago
To find Jim's bank balance at the end of the month, we need to subtract the amount of the checks he wrote and add the amount of the deposits he made to his beginning bank balance.
1. Begin with Jim's beginning bank balance: $275.38
2. Subtract the amount of the first check he wrote: $275.38 - $174.89 = $100.49
3. Subtract the amount of the second check he wrote: $100.49 - $68 = $32.49
4. Subtract the amount of the third check he wrote: $32.49 - $57.76 = -$25.27 (negative balance)
5. Add the amount of the first deposit he made: -$25.27 + $250 = $224.73
6. Add the amount of the second deposit he made: $224.73 + $350 = $574.73
Therefore, Jim's bank balance at the end of the month is $574.73.