Gibbs Mann
07/12/2023 · High School
Mr. Sheldon had \( \$ 1,500 \) in his savings account. He deposited \( \$ 525 \). A couple of days later he withdrew \( \$ 45 \). A week later he deposited \( \$ 175 \). The next week he withdrew \( \$ 250 \). What is Mr. Sheldon's balance in his savings account after all the transactions. Use the griddable to show your answer.
UpStudy ThothAI Solution
Tutor-Verified Answer
Step-by-step Solution
Let's calculate the balance in Mr. Sheldon's savings account after all the transactions.
Initial balance: $1500
Deposited: $525
Withdrawn: $45
Deposited again: $175
Withdrawn again: $250
To find the final balance, we need to add the deposited amounts and subtract the withdrawn amounts from the initial balance.
Final balance = Initial balance + Deposited - Withdrawn + Deposited again - Withdrawn again
Let's calculate the final balance.
Calculate the value by following steps:
- step0: Calculate:
\(1500+525-45+175-250\)
- step1: Calculate:
\(1905\)
Mr. Sheldon's balance in his savings account after all the transactions is $1905.
Quick Answer
Mr. Sheldon's final balance is $1905.
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