The company opened a special checking account. The charge for each check written was either .55 or \$6 a month whichever is greater. At the beginning of the month, the company checkbook balance was \$695.18. The company wrote 14 checks totaling \$312.88. Deposits of \$188.10 and \$195.10 were made during the month. What is the companies checkbook balance to start the new month? Including the cost of check writing?

Is this correct?

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1. Beginning balance: \$695.18
Deposits: 188.10 and \$195.10 = 383.20
Total: \$1,078.38

Withdrawals: \$312.88 + 6 = \$318.88

Month end balance: \$1,078.38 - \$318.88 = \$759.50

Is this one of the answer choices?

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Ms. Sue
2. It's not, the closest one is \$757.80. I kept getting \$759.50 also.

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3. I see my error, I used \$6.00 for checks. The cost should be more -- 14 * \$0.55,

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Ms. Sue
4. Oh, I see!

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5. You are very welcome.

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Ms. Sue

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