Concept explainers
To calculate: The new balance in M’s account.
Answer to Problem 3P
The new balance in M’s account is
Explanation of Solution
Given information: M has
Calculation:
Initially, money in M’s account
If she deposits some amount in the account then that will be added to the initial balance in the account and if she writes checks then the money will be deducted from the account, that is, it will be subtracted from the balance present in the account. Therefore,
Balance in M’s account
Chapter 2 Solutions
Algebra: Structure And Method, Book 1
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