Question

Emilio's checking account had a balance of 728.32 at the beginning of the week. He wrote checks for the following amounts throughout the week: $99.48, $33.50, $18.23, and $72.05. He also deposited his paycheck in the amount of $1,109.90. What is his account balance at the end of the week? (1 point) $1,192.35 $1,222.86 $1,540.52 $1,614.96

Answer 1

To calculate Emilio's account balance at the end of the week, we need to start with his initial balance and then account for the checks he wrote and the deposit he made.

1. Start with the initial balance: \[ 728.32 \]

2. Subtract the amounts of the checks written:

   • Check 1: $99.48
   • Check 2: $33.50
   • Check 3: $18.23
   • Check 4: $72.05

   Let's total the checks: \[ 99.48 + 33.50 + 18.23 + 72.05 = 223.26 \]

   Now subtract the total of the checks from the initial balance: \[ 728.32 - 223.26 = 505.06 \]

3. Now add the amount of the paycheck deposit: \[ 505.06 + 1,109.90 = 1,614.96 \]

Thus, Emilio's account balance at the end of the week is: \[ \boxed{1,614.96} \]