victoria04032 victoria04032

08-06-2016
Mathematics

Answered

Michael had $550 in his savings account. He took out $30.75 every month for one year. What is the net change in Michael’s account balance following these withdrawals?

Verified Answer :

catcloud15 catcloud15

06-10-2020

Answer:

The answer is -$369.00

Step-by-step explanation:

30.75 x 12 = 369

They are taking away from his account therefor we make it negative.

$550-$369 is the net change in his account balance.

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