Question

A teacher had $57.72 in his checking account. He made a deposit of $209.54. Then he wrote a check for $72.00 and another check for $27.50. What is the new balance in his checking account?

Answer 1

New Balance in his checking amount `=$.167.76`

Explanation:

Initial Balance in his account `=$.57.72`
Deposited amount `=$.209.54`
Total after the new deposit `=$.267.26`
Amount withdrawn by cheque `=S72.00`
Balance Amount after withdrawn by cheque `=S195.26`
Amount withdrawn by cheque `=$.27.50`
Balance Amount after withdrawn by cheque `=S167.76`

New Balance in his checking amount `=$.167.76`