Dean checked his bank app to see his current account balance. The last time he checked, the account balance was –$20.10. Since then, Dean made deposits of $1,357.48 and $599, three withdrawals of $375, and two friends each sent him $45.25.
What should the app show as Dean's current account balance?
To calculate Dean's current account balance, we need to add up all the deposits, withdrawals, and money sent by his friends:
Initial balance: - $20.10
Deposits: $1,357.48 + $599 = $1,956.48
Withdrawals: $375 * 3 = $1,125
Friend 1: $45.25
Friend 2: $45.25
Total:
(-$20.10) + $1,956.48 - $1,125 + $45.25 + $45.25 = $901.88
Therefore, Dean's current account balance should be $901.88.