Glenn has a beginning balance of $840 in his checking account. He has a deposit of $375 and withdraws $250 from the ATM. If the ATM fee is $3, what is his new balance? $718 $212 $962 $572
Mathematics · High School · Thu Feb 04 2021
Answered on
Given the statement:
Glenn has a beginning balance of $840 in his checking account. He has a deposit of $375 and withdraws $250 from the ATM.
Determine the new balance if the atm fee is $3.
Solution:
In order to determine the new balance, we first add 375 to 840, thens subtract it by 250 since it is said that Glenn withdraw $250. Lastly, we also need to subtract the atm fee which is $3.
= $840 + $375
= $1215
= $1215 - $250 - $3
= $962
Final answer:
= $962