Joey got his paycheck of $1,200 at the beginning of the month. He paid his phone bill of $95. He bought groceries for $48. Then he received a work bonus of $500. How much money does Joey have now?
1 point
$1747
$1653
$557
$1557
To calculate how much money Joey has now, we need to subtract his expenses from his paycheck and then add his work bonus.
Joey's paycheck: $1,200
Phone bill: $95
Groceries: $48
Work bonus: $500
Total expenses: $95 + $48 = $143
Total income after expenses: $1,200 - $143 = $1,057
Total money Joey has now: $1,057 + $500 = $1,557
Therefore, Joey has $1,557 now. The correct answer is $1,557.