Question

You currently have a balance of $34 in your checking account. You then write a check for $76 dollars to pay for groceries. Finally, you deposit a check for $30.

What is your new balance?

-$12
$12
$72
-$72

Answer 1

To calculate your new balance, follow these steps:

1. Start with your initial balance: $34
2. Write a check for $76:
\[
34 - 76 = -42
\]
Now your balance is -$42.
3. Deposit a check for $30:
\[
-42 + 30 = -12
\]
Now your new balance is -$12.

So, the answer is **-$12**.