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Hugh has $200 in his bank account. Hugh wrote six checks from his account in the following amounts: $20, $20, $12, $20, $12, and $42. He also made a deposit of $57 and was charged a $15 service fee by the bank. After all these transactions what was Hugh's balance?

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xero099

The balance in Hugh's account after writing six checks, making one deposit and being charge with a service fee by the bank equals an amount of $ 116.

How to determine the balance of a bank account

Here in this question we should understand the situation like a game with the following rules for the account balance:

  1. A check from the account means a subtraction of money.
  2. A deposit means an addition of money.
  3. Service fee means also a subtraction of money.

After a careful reading, we apply the rules described above and have the following calculation:

x = $ 200 - $ 20 - $ 20 - $ 12 - $ 20 - $ 12 - $ 42 + $ 57 - $ 15

x = $ 116

The balance in Hugh's account after writing six checks, making one deposit and being charge with a service fee by the bank equals an amount of $ 116. [tex]\blacksquare[/tex]

To learn more on bank accounts, we kindly invite to check this verifed question: https://brainly.com/question/16953228

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