Calculate the current balance on your checking account if the previous balance was $129.32. You wrote checks for $59.73 and $32.95 and later made a deposit of $754.23.
Answer:
The current balance will be $ 790. 87
Explanation:
Let the opening balance be $ 129.32
Two withdrawals were made: $ 59.73 and $ 32.95. The total sum of these two withdrawals was \(T_{withdrawal} = $ 59.73 + $ 32.95\\ = $ 92.68\)
The reminder after withdrawal will be $ 129.32 - $ 92.68 = $ 36. 64
At a later stage, a deposit of $ 754.23 was made. The new balance will be;
balance = $ 754.23 + $ 36.64
= $ 790. 87