At the beginning of this month, the balance of Mark's checking account was $275.35. So far this month, he has received a paycheck via direct deposit of $987.25, was charged a monthly service fee by his bank of $15.00, used a debit card linked to his account to make a purchase of $43.22, wrote a check for $57.26 that has already been deposited, and deposited a check for $100.00. What is the current balance of Mark's checking account?

Question

Mathematics

Kaeden Deleon

2 July, 21:57

At the beginning of this month, the balance of Mark's checking account was $275.35. So far this month, he has received a paycheck via direct deposit of $987.25, was charged a monthly service fee by his bank of $15.00, used a debit card linked to his account to make a purchase of $43.22, wrote a check for $57.26 that has already been deposited, and deposited a check for $100.00. What is the current balance of Mark's checking account?

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Jaliyah Branch · Answer 1

Starting balance: $275.35

Deposits: $987.25 + $100 = $1087.25

Withdrawals: $15.00 + $43.22 + $57.26 = $115.48

Current balance = $275.35 + $1087.25 - $115.48

Current balance = $1247.12