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6 February, 18:34

123 Savings and Loan charges a monthly fee of $8 on checking accounts and an overdraft protection fee of $33. Neela's check register showed she had a

balance of $456 when she wrote a check for $312. Three days later she realized her check register had an error and she actually only had $256. So she

transferred $250 into her checking account. The next day, her monthly account statement was sent to her. What was the balance on her statement?

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  1. 6 February, 18:39
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    The account statement had an ending balance of $153

    Step-by-step explanation:

    Check register actual balance = $256

    Less; Written check = - $312

    The account is short; $256-$312 = - $56

    Add the new deposit = -$56+$250 = $194

    Therefore, new account balance = $194

    Subtract fees ($8 & $33) from the balance = $194 - $8 - $33=$153

    The account statement had an ending balance of $153
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