123 Savings and Loan charges a monthly fee of $8 on checking accounts and an overdraft protection fee of $33. Neela's check register showed she had a

balance of $456 when she wrote a check for $312. Three days later she realized her check register had an error and she actually only had $256. So she

transferred $250 into her checking account. The next day, her monthly account statement was sent to her. What was the balance on her statement?

Question

Mathematics

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14 May, 22:32

123 Savings and Loan charges a monthly fee of $8 on checking accounts and an overdraft protection fee of $33. Neela's check register showed she had a

balance of $456 when she wrote a check for $312. Three days later she realized her check register had an error and she actually only had $256. So she

transferred $250 into her checking account. The next day, her monthly account statement was sent to her. What was the balance on her statement?

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Answers (1)

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Chase Francis · Answer 1

The account statement had an ending balance of $153

Step-by-step explanation:

Check register actual balance = $256

Less; Written check = - $312

The account is short; $256-$312 = - $56

Add the new deposit = -$56+$250 = $194

Therefore, new account balance = $194

Subtract fees ($8 & $33) from the balance = $194 - $8 - $33=$153

The account statement had an ending balance of $153