IDNLearn.com connects you with a global community of knowledgeable individuals. Get timely and accurate answers to your questions from our dedicated community of experts who are here to help you.
Sagot :
To determine Adam's balance at the end of June, let's go through each transaction step by step and update the balance accordingly.
1. Starting balance on 4/1: [tex]$626.45 2. Transaction on 4/10: A purchase of \$[/tex]37.41
[tex]\[ \text{New balance} = 626.45 - 37.41 = 589.04 \][/tex]
3. Transaction on 4/12: A purchase of \[tex]$44.50 \[ \text{New balance} = 589.04 - 44.50 = 544.54 \] 4. Transaction on 5/3: A payment of \$[/tex]65.50
[tex]\[ \text{New balance} = 544.54 + 65.50 = 610.04 \][/tex]
5. Transaction on 5/16: A purchase of \[tex]$24.89 \[ \text{New balance} = 610.04 - 24.89 = 585.15 \] 6. Transaction on 5/20: A payment of \$[/tex]104.77
[tex]\[ \text{New balance} = 585.15 + 104.77 = 689.92 \][/tex]
7. Transaction on 6/6: A payment of \[tex]$23.60 \[ \text{New balance} = 689.92 + 23.60 = 713.52 \] 8. Transaction on 6/10: A purchase of \$[/tex]15.00
[tex]\[ \text{New balance} = 713.52 - 15.00 = 698.52 \][/tex]
9. Transaction on 6/14: A purchase of \[tex]$51.85 \[ \text{New balance} = 698.52 - 51.85 = 646.67 \] After applying all the transactions, Adam's balance at the end of June is: \[ \text{Final balance} = \$[/tex]646.67
\]
Therefore, none of the provided options correctly match the calculated final balance. It seems there might be an error or a misunderstanding in the problem statement or choices given, but based on our calculations, the correct balance should be \$646.67.
1. Starting balance on 4/1: [tex]$626.45 2. Transaction on 4/10: A purchase of \$[/tex]37.41
[tex]\[ \text{New balance} = 626.45 - 37.41 = 589.04 \][/tex]
3. Transaction on 4/12: A purchase of \[tex]$44.50 \[ \text{New balance} = 589.04 - 44.50 = 544.54 \] 4. Transaction on 5/3: A payment of \$[/tex]65.50
[tex]\[ \text{New balance} = 544.54 + 65.50 = 610.04 \][/tex]
5. Transaction on 5/16: A purchase of \[tex]$24.89 \[ \text{New balance} = 610.04 - 24.89 = 585.15 \] 6. Transaction on 5/20: A payment of \$[/tex]104.77
[tex]\[ \text{New balance} = 585.15 + 104.77 = 689.92 \][/tex]
7. Transaction on 6/6: A payment of \[tex]$23.60 \[ \text{New balance} = 689.92 + 23.60 = 713.52 \] 8. Transaction on 6/10: A purchase of \$[/tex]15.00
[tex]\[ \text{New balance} = 713.52 - 15.00 = 698.52 \][/tex]
9. Transaction on 6/14: A purchase of \[tex]$51.85 \[ \text{New balance} = 698.52 - 51.85 = 646.67 \] After applying all the transactions, Adam's balance at the end of June is: \[ \text{Final balance} = \$[/tex]646.67
\]
Therefore, none of the provided options correctly match the calculated final balance. It seems there might be an error or a misunderstanding in the problem statement or choices given, but based on our calculations, the correct balance should be \$646.67.
We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Your questions deserve precise answers. Thank you for visiting IDNLearn.com, and see you again soon for more helpful information.