harpazo
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Section R.2
Algebra Essentials
Michael Sullivan
Textbook: College Algebra Edition 9
Balancing a Checkbook At the beginning of the month, Mike had a balance of $210 in his checking account. During the next month, he deposited $80, wrote a check for $120, made another deposit of $25, wrote two checks: one for $60 and the other for $32. He was also assessed a monthly service charge of $5. What was his balance at the end of the month?
Solution:
Mike had $210 in his account.
He deposited $80.
Total = $210 + $80 or $290.
Wrote a check for $120:
$290 - $120 = $170.
Another deposit of $25. So, $170 + $25 = $195.
Mike wrote two checks: $60 & $32 or $92.
So, $195 - $92 = $103.
He assessed a monthly service charge of $5.
Mike's balance at the end of the month was $103 + $5 or $108.
I did my best to break it down piece by piece. How did I do?
Algebra Essentials
Michael Sullivan
Textbook: College Algebra Edition 9
Balancing a Checkbook At the beginning of the month, Mike had a balance of $210 in his checking account. During the next month, he deposited $80, wrote a check for $120, made another deposit of $25, wrote two checks: one for $60 and the other for $32. He was also assessed a monthly service charge of $5. What was his balance at the end of the month?
Solution:
Mike had $210 in his account.
He deposited $80.
Total = $210 + $80 or $290.
Wrote a check for $120:
$290 - $120 = $170.
Another deposit of $25. So, $170 + $25 = $195.
Mike wrote two checks: $60 & $32 or $92.
So, $195 - $92 = $103.
He assessed a monthly service charge of $5.
Mike's balance at the end of the month was $103 + $5 or $108.
I did my best to break it down piece by piece. How did I do?