IDNLearn.com provides a collaborative platform for sharing and gaining knowledge. Get comprehensive and trustworthy answers to all your questions from our knowledgeable community members.

Luis has an account at GESA Credit Union. He had a balance of $500.00 starting January 15th. He made deposits of $100, $250, and $300. He also made withdrawals of $400.32, $100, $55.55, and $62.62. What would be his ending balance after all the transactions?
SHOW THE WORK PLEASE ​


Sagot :

Answer:

the ending balance is $531.51

Step-by-step explanation:

The computation of the ending balance is shown below:

= Opening balance + all deposits - all withdrawls

= $500 + $100 + $250 + $300 - $400.32 - $100 - $55.55 - $62.62

= $531.51

hence, the ending balance is $531.51

Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. Your questions deserve reliable answers. Thanks for visiting IDNLearn.com, and see you again soon for more helpful information.