Mary Palm's checking account had a starting balance of $785.63. She wrote a check for $57.00 for groceries and a check for $125.00 for a car payment. Yesterday she deposited $57.25 in her checking account. What is Mary's current balance
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785.63-57.00=725.63-125.00=600.63+57.25=657.88
Debbie -- there's an error in your calculations.
http://www.youtube.com/watch?v=9RqTLaBGO1w
And when you get the numbers straight, please do NOT write your answers in a straight line. Mathematically it is not correct. For example,
If the account were 25.00 and you wrote a check for 10.00 and added 5.00 to the account the new balance is NOT
25.00-10.00 = 15.00+5.00 = 20.00.
The new balance really is 20.00 but the math is not right; i.e., 25.00-10.00 is equal to 15.00 and not 15.00+5.00.
To find Mary's current balance, we need to calculate the total of her initial balance, subtract the amount of the checks she wrote, and then add the amount she deposited yesterday.
Starting balance: $785.63
Amount of the first check: $57.00
Amount of the second check: $125.00
Amount deposited yesterday: $57.25
To calculate Mary's current balance, we'll subtract the amounts of the checks from her initial balance, and then add the amount she deposited yesterday:
Initial balance - Amount of first check - Amount of second check + Amount deposited yesterday
$785.63 - $57.00 - $125.00 + $57.25 = ?
Calculating this expression, we get:
$785.63 - $57.00 - $125.00 + $57.25 = $660.88
Mary's current balance is $660.88.