MATH SOLVE

4 months ago

Q:
# 7. ALGEBRA Debbi Cypress received her bank statement and immediately checked it to make sure her payincrease had been recorded. The previous month's pay was $4,300.50. Debbi's account activity showed aprevious balance of $320.45, checks of $3,290.78, an ATM withdrawal of $300, and a service charge of $5.25. IfDebbi's new balance is $1,873.20, what increase in pay was direct deposited?a. $803.18 b. S848.28c. $867.50 d. $906.45

Accepted Solution

A:

Answer:Option b.Step-by-step explanation:The balance in Debbi's account in the start of the month was = His previous month's balance + Prevoius month's pay = $320.45 + $4300.5 = $4620.95 Now, total expenditure of this month = Pay check + ATM withdrawal + Service charge = $3290.78 + $300 + $5.25 = $3596.03.
So, the balance of this month will be $(4620.95 - 3596.03) =$1024.92
But Debbi's new balance is $1873.20.
Therefore, the increase in pay is $(1873.20 - 1024.92) = $848.28 was the direct deposit. (Answer)