The end-of-the-month balances for months 1, 2, and 3, respectively are ________.
A)$5,293, $4,865, and $1,402
B)$6,519, $8,195, and $6,224
C)-$10,541, -$12,524, and -$16,771
D)$32,109, $61,085, and $87,314

Question

Quizplus · Accepted Answer

The end-of-the-month balances are calculated by adding the deposits and subtracting the withdrawals from the previous balance. The end-of-the-month balance for month 1 is $5,293, for month 2 is $4,865, and for month 3 is $1,402.

The End-Of-The-Month Balances for Months 1, 2, and 3, Respectively