Ann had a balance of $25 in her checking account. She wrote three checks for $5.00 each, one check for $28, and two checks for $22 each. What was her new balance?
Old balance of $25 minus $15(for the 3 5 dollar checks) leaves a balance of $10. When Ann writes 2 more checks totaling ,$50 that amount is taken from her old balance of $10 leaves her a balance of -$40 dollars
To determine Ann's new balance, we need to deduct the total amount of the checks she wrote from her original balance.
First, let's calculate the total amount of the checks she wrote:
3 checks for $5.00 each = 3 * $5.00 = $15.00
1 check for $28 = $28.00
2 checks for $22 each = 2 * $22.00 = $44.00
Now, let's add up the amounts:
$15.00 + $28.00 + $44.00 = $87.00
To find Ann's new balance, we subtract the total amount of the checks from her original balance:
$25.00 - $87.00 = -$62.00
Therefore, Ann's new balance is -$62.00. Note that a negative balance indicates that Ann owes money and her account is overdrawn.