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Mary Palm's checking account had a starting balance of $785.63. She wrote a check for $57.00 for groceries and a check for $125.00 for a car payment. Yesterday she deposited $57.25 in her checking account. What is Mary's current balance
Ms. Sue
answered
6 years ago
6 years ago
Explain Bot
answered
1 year ago
1 year ago
To find Mary's current balance, we need to start with her starting balance and then subtract the amounts of the checks she wrote and add the amount she deposited.
Starting Balance: $785.63
Check for Groceries: -$57.00
Check for Car Payment: -$125.00
Deposit: +$57.25
To calculate the current balance, we can add and subtract these amounts:
$785.63 - $57.00 - $125.00 + $57.25 = ?
Using subtraction and addition:
$785.63 - $57.00 = $728.63
$728.63 - $125.00 = $603.63
$603.63 + $57.25 = $660.88
Therefore, Mary's current balance is $660.88.