Chapter 1.5, Problem 41P

A teacher had $57.72 in his checking account. He made a deposit of $209.54 Then he wrote a check for $72.00 and another check for $27.50. What is the new balance in his checking account?

To determine

To find:The new balance in the checking account of teacher.

Answer to Problem 41P

The teacher has $\$167.76$ in his checking account.

Explanation of Solution

Given information:A teacher had $\$57.72$ in his checking account. He made a deposit of $\$209.54$ . Then he wrote a check for $\$72.00$ and another check for $\$27.50$ .

Calculation:The new balance in the checking account

  $\begin{array}{l}=\$57.72+\$209.54-\$72.00-\$27.50\\ =\$267.26-\$99.50\\ =\$167.76\end{array}$

Thus, the teacher has $\$167.76$ in his checking account.