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Thread: Balancing A Checkbook

  1. #1
    Super Member harpazo's Avatar
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    Balancing A Checkbook

    At the start of the month, Mike had a balance of 210 dollars in his checking account. During next month, the following took place:

    •deposited 80 dollars
    •wrote a check for 120 dollars
    •made another deposit of 25 dollars
    •wrote two checks: one for 60 dollars and 32 dollars
    •He was assessed a monthly charge of 5 dollars

    What was his balance at the end of the month?

    Let me see...

    210 + 80 = 290

    290 - 120 = 170

    170 + 25 = 195

    195 - (60 + 32)

    195 - 92 = 103

    103 - 5 = 98

    Mike's balance at the end of the month was 98 dollars.
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  2. #2
    MHF Contributor

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    Re: Balancing A Checkbook

    Yes, that is correct.
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  3. #3
    MHF Contributor
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    Re: Balancing A Checkbook

    Quote Originally Posted by HallsofIvy View Post
    Yes, that is correct.
    ...assuming the cheques were cashed in that month.
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  4. #4
    Super Member harpazo's Avatar
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    Re: Balancing A Checkbook

    Quote Originally Posted by HallsofIvy View Post
    Yes, that is correct.
    At least I know how to balance a checkbook. Better than not knowing any math at all.
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