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At the beginning of the month, Sarah had 600 in her bank account. Within the month she made two deposits of and She also made three withdrawals 100, , and 20. How much was in her account at the end of the month?

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MrRoyal

Answer:

At the end of the month she has $578

Step-by-step explanation:

Given

[tex]Start\ balance = 600[/tex]

[tex]Deposits=50; 100; 48[/tex]

[tex]Withdrawal: 100; 20; 100[/tex]

Required

The balance at month end

Deposits simply means adding cash to the account and it has a very simple interest. So, we add .

While Withdrawal taking money out of the account. So, we subtract.

So, we have:

[tex]Month\ end = Start\ balance + Deposits + Withdrawal[/tex]

[tex]Month\ end = 600 + [50 + 100 + 48] - [100 + 20 + 100])[/tex]

[tex]Month\ end = 600 + 198 - 220])[/tex]

[tex]Month\ end = 578[/tex]

Hence, at the end of the month she has $578

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