You had a balance of $696.81 in your checking account. You then wrote checks for $54.61, $49.59, and $482.91.
a. Find the total amount of the checks written.
b. Find the new balance in your checking account.

Question

You had a balance of $696.81 in your checking account. You then wrote checks for $54.61, $49.59, and $482.91. 
a. Find the total amount of the checks written.
b. Find the new balance in your checking account.

Quizplus · Accepted Answer

The total amount of the checks written is $54.61 + $49.59 + $482.91 = $587.11. To find the new balance, we subtract the total amount of the checks written from the initial balance: $696.81 - $587.11 = $109.70. Therefore, the correct answer is C) $587.11; $109.70.

You Had a Balance of $696