To determine how much money Danielle has in her account at the end of the week, we need to account for all her transactions starting with the initial amount of $127.02.
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Initial Amount: $127.02
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Transactions:
- Birthday check: + $75.00 (Credit)
- Night out: - $66.14 (Debit)
- Garage sale proceeds: + $121.58 (Credit)
- Charitable donation: - $42.25 (Debit)
- Doctor’s appointment: - $115.30 (Debit)
Now, let's calculate the total credits and debits:
Total Credits:
- Birthday check: $75.00
- Garage sale proceeds: $121.58
Total Credits = $75.00 + $121.58 = $196.58
Total Debits:
- Night out: $66.14
- Charitable donation: $42.25
- Doctor’s appointment: $115.30
Total Debits = $66.14 + $42.25 + $115.30 = $223.69
Now, we can calculate the ending balance:
Ending Balance = Initial Amount + Total Credits - Total Debits
Ending Balance = $127.02 + $196.58 - $223.69
Ending Balance = $127.02 + $196.58 = $323.60
Now subtract the total debits:
Ending Balance = $323.60 - $223.69 = $99.91
Thus, at the end of the week, Danielle has $99.91 in her account.
The correct answer is a. $99.91.
1 answer