On February 20, Scott Michael deposited $1,220.45 in his checking account. If his previous balance was $2,104.64, what is his new balance after he records this deposit?

Mathematics · Middle School · Tue Nov 03 2020

Answered on

Given:
Scott Michael deposited =$1,220.45

Previous balance = $2,104.64

Determine the new balance.

Solution:

In order to determine the new balance of Scott Michael, we simply add the amount deposited with the previous balance.

New Balance = $1,220.45 +  $2,104.64

New Balance = $3,325.09

The new balance of Scott Michael is $3,325.09