9
QuizMultiple Choice

Savings Accounts

Question 9 • (Kapuschinsky)WCA 3424 Consumer Applications 1st nine weeks 26-27

Annie wants to make a deposit into her savings account. She is depositing 3 checks, one for $50.32, another for $324.89, and finally one for $753.15. She would like to receive $137.82 in cash after the deposit. Calculate the amount that she will be depositing into her savings account.

Answer
A
$990.54
B
$1,299.18
C
$1,229.54
D
$1,091.18

Explanation

First add the three checks: $50.32 + $324.89 + $753.15 = $1,128.36. Annie takes $137.82 of that total in cash, so the amount going into savings is $1,128.36 − $137.82 = $990.54. The correct choice is $990.54.

AI-written and checked against the verified answer.

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