You have a checking account with $500 in it. You deposit $300 on the same day that a check is processed from your account. Your new balance is $750. How much money was the check written for?(1 point)

Question

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Answer 1

To find out how much the check was written for, we can set up the equation based on your initial balance, the deposit, and the new balance.

1. Start with your initial balance: $500
2. You deposit $300, which increases your balance to $800 ($500 + $300).
3. After the check is processed, your new balance is $750.

To find the amount of the check (let's call it X), we can set up the equation: $$ 800 - X = 750. $$

Now, solve for X:

1. Subtract 750 from both sides: $$ 800 - 750 = X, $$

2. This simplifies to: $$ X = 50. $$

Therefore, the check was written for $50.