Frank received a monthly statement for his college savings account. It listed a deposit of $100 as + 100.00. It listed a withdrawal of $25 as - 25.00. The statement showed an overall ending balance of $835.50. How much money did Frank add to his account that month? How much did he take out? What is the total amount Frank has saved for college?

Question

Mathematics

Eduardo Charles

9 September, 21:05

Frank received a monthly statement for his college savings account. It listed a deposit of $100 as + 100.00. It listed a withdrawal of $25 as - 25.00. The statement showed an overall ending balance of $835.50. How much money did Frank add to his account that month? How much did he take out? What is the total amount Frank has saved for college?

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Answers (1)

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Konner Nelson · Answer 1

Add: $100

Take Out: $25

Total: $835.50

Step-by-step explanation:

A deposit is an amount that is put into the account, by the owner or by someone else.

A withdrawal is an amount that is taken out of the account.

The overall ending balance shows the total amount in the account at the end of the month.