Jeremy's bank account started at a balance of $124 this week. Since then, he wrote a check, which decreased his balance by $147. Jeremy was then charged an overdraft fee, decreasing his balance by $32. Finally, he deposited a paycheck, which increased his balance by $567. What is Jeremy's ending balance after these transactions, in dollars?

Question

Jeremy's bank account started at a balance of $124 this week.  Since then, he wrote a check, which decreased his balance by $147.  Jeremy was then charged an overdraft fee, decreasing his balance by $32. Finally, he deposited a paycheck, which increased his balance by $567.  What is Jeremy's ending balance after these transactions, in dollars?

GPT 3.5 · Answer

To solve this problem, we need to calculate how Jeremy's balance changed after each transaction and then add up the changes.

First, Jeremy wrote a check, which decreased his balance by $147. To calculate Jeremy's balance after the check, we subtract $147 from his starting balance: $124 - $147 = -$23.

Next, Jeremy was charged an overdraft fee, which decreased his balance by $32. To calculate his balance after the fee, we subtract $32 from the previous balance: -$23 - $32 = -$55.

Finally, Jeremy deposited a paycheck, which increased his balance by $567. To calculate his balance after the deposit, we add $567 to the previous balance: -$55 + $567 = $512.

Therefore, Jeremy's ending balance after these transactions is $512.