If the Walkers deducted $850 each month last year from their checking account to pay for childcare, what was the effect on their checking account balance?(1 point)
The effect on their checking account balance would be a decrease of $850 each month.
To determine the effect on the Walkers' checking account balance, we need to know the total number of months they deducted $850 for childcare.
To determine the effect on the Walkers' checking account balance, we need more information such as their monthly income, any other expenses, and their starting balance. However, we can determine the total amount deducted from their checking account for childcare over the year.
To do this, you would multiply the monthly deduction of $850 by the number of months in a year. There are 12 months in a year, so you multiply $850 by 12:
$850/month * 12 months = $10,200
Therefore, the Walkers deducted a total of $10,200 from their checking account over the year for childcare expenses. This deduction would have reduced their checking account balance by $10,200.