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#1 2024-09-23 08:59:25

Oculus8596
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From: Great Lakes,Illinois
Registered: 2024-09-18
Posts: 126

Balancing a Checkbook

At the beginning of the month, Mike had a balance of $210 in his checking account. During the next month, he deposited $80, wrote a check for $120, made another deposit of $25, wrote two checks: one for $60 and the other for $32.  He was also assessed a monthly service charge of $5. What was his balance at the end of the month?


At the start of the month Mike had $210.


Deposited $80==> $210 + $80 = $290.


Wrote a check for $120==> $290 - $120 = $170.


Made a deposit of $25==> $170 + $25 = $195.


Wrote two checks: $60 + $32 = $92. So, $195 - $92 = $103.


He was assessed a monthly service charge of $5.


$103 - $5 = $98.

Mike's balance at the end of the month was $98.

Note: This is a very easy BUT TRICKY question. The easier the question, the easier it is to make mistakes.


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#2 2024-09-23 20:12:03

Bob
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Registered: 2010-06-20
Posts: 10,583

Re: Balancing a Checkbook

98 up

Bob


Children are not defined by school ...........The Fonz
You cannot teach a man anything;  you can only help him find it within himself..........Galileo Galilei
Sometimes I deliberately make mistakes, just to test you!  …………….Bob smile

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#3 2024-09-23 22:49:22

Oculus8596
Banned
From: Great Lakes,Illinois
Registered: 2024-09-18
Posts: 126

Re: Balancing a Checkbook

Bob wrote:

98 up

Bob

As easy as this application is, I had my doubts. The easier the problem, the easier it is to make an error.


The best things in life are not always free.

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