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)
Responses
$10,200
$850
-$850
-$10,200
The effect on their checking account balance was -$10,200.
The effect on the Walkers' checking account balance would be -$10,200.
To determine the effect on the Walkers' checking account balance, we can use basic addition and subtraction.
First, we need to know if the deduction of $850 each month is an addition or a subtraction from their checking account. Since it says the Walkers deducted $850 each month, we know it is a subtraction.
Now, we need to calculate the total amount deducted over the whole year. To do this, we multiply the amount deducted each month ($850) by the number of months in a year (12).
$850 x 12 = $10,200
So, the total amount deducted from the Walkers' checking account balance last year is $10,200.
However, the question asks for the effect on their checking account balance, not the total deducted. Since the deduction is a subtraction from their account, the effect on their balance is a decrease.
Therefore, the answer is -$10,200.