Find the best solutions to your problems with the help of IDNLearn.com's expert users. Join our community to receive timely and reliable responses to your questions from knowledgeable professionals.

Devonte is balancing his checking account. His account statement does not include a deposit of \[tex]$107.00 that he made on November 1st. What is Devonte's actual account balance?

\begin{tabular}{|c|c|c|}
\hline
\multicolumn{3}{|c|}{
\begin{tabular}{l}
Account Statement 10/1/13 through 10/31/13 \\
Account Number: 98765624
\end{tabular}
} \\
\hline
\multicolumn{3}{|l|}{Deposits} \\
\hline
$[/tex]10/5[tex]$ & Deposit & \$[/tex]520.00 \\
\hline
Total Deposits & & \[tex]$520.00 \\
\hline
\multicolumn{3}{|l|}{Withdrawals} \\
\hline
\#057 & $[/tex]10/3[tex]$ & \$[/tex]78.12 \\
\hline
\#058 & [tex]$10/16$[/tex] & \[tex]$14.24 \\
\hline
Total Checks & & \$[/tex]92.36 \\
\hline
Total Other Withdrawals & & \[tex]$30.00 \\
\hline
Total Withdrawals & & \$[/tex]122.36 \\
\hline
Balance as of [tex]$10/31$[/tex] & & \[tex]$520.00 - \$[/tex]122.36 = \[tex]$397.64 \\
\hline
\end{tabular}

To find Devonte's actual account balance after including the November 1st deposit, add the deposit amount to the balance as of October 31st:

Actual Balance = \$[/tex]397.64 + \[tex]$107.00 = \$[/tex]504.64


Sagot :

To determine Devonte's actual account balance, we need to account for a deposit not included in the statement provided. Let's break down the steps to find the actual balance.

1. Identify the balance as of October 31:
According to the statement:
[tex]\[ \text{Balance as of 10/31} = \$1223.26 \][/tex]

2. Identify the deposit made on November 1:
Devonte made a deposit of $107.00 on November 1, which is not reflected in the balance as of October 31.

3. Add the deposit to the balance as of October 31:
[tex]\[ \text{Actual Balance} = \text{Balance as of 10/31} + \text{Deposit on 11/1} \][/tex]
Substituting the values:
[tex]\[ \text{Actual Balance} = 1223.26 + 107.00 \][/tex]

4. Calculate the sum:
[tex]\[ \text{Actual Balance} = 1330.26 \][/tex]

So, Devonte's actual account balance, after including the deposit made on November 1, is:
[tex]\[ \boxed{1330.26} \][/tex]