Dean checked his bank app to see his current account balance. The last time he checked, the account balance was –$20.10. Since then, Dean made deposits of $1,357.48 and $599, three withdrawals of $375, and two friends each sent him $45.25.

What should the app show as Dean's current account balance?

1 answer

To calculate Dean's current account balance, we need to add up all the deposits, withdrawals, and money sent by his friends:

Initial balance: - $20.10
Deposits: $1,357.48 + $599 = $1,956.48
Withdrawals: $375 * 3 = $1,125
Friend 1: $45.25
Friend 2: $45.25

Total:
(-$20.10) + $1,956.48 - $1,125 + $45.25 + $45.25 = $901.88

Therefore, Dean's current account balance should be $901.88.