inequalities liz needs to keep no less than 500 in her checking account to avoid fees. she had 524.75 before writting a check for 65.99 how much does she need to deposit into her account to avoid a fee

Answer 1

To determine how much Liz needs to deposit to avoid a fee, we can start by calculating her balance after writing the check.

1. Current balance: $524.75
2. Amount of the check: $65.99

Now, let's subtract the amount of the check from her current balance:

\[ \text{New balance} = 524.75 - 65.99 \]

Calculating that:

\[ \text{New balance} = 524.75 - 65.99 = 458.76 \]

Now we know her new balance is $458.76. We know Liz needs a minimum of $500 in her account to avoid fees.

Next, we find out how much she needs to deposit to reach the minimum balance:

\[ \text{Amount needed to reach } 500 = 500 - 458.76 \]

Calculating that:

\[ \text{Amount needed} = 500 - 458.76 = 41.24 \]

Therefore, Liz needs to deposit $41.24 into her account to avoid the fee.