LaToya has $113.94 in her checking account.During the week,she goes to an ATM and withdraws $40.She is charged a usage fee of $2.50.The following week she deposits her paycheck of $189.73.She writes two checks,one for $22.50 and the other for $70.18.What is the current balance in her checking account?

Question

Quizplus · Accepted Answer

Starting balance: $113.94 
First transaction: -$40.00 (withdrawal) - $2.50 (ATM fee) 
New balance: $71.44

Second transaction: +$189.73 (deposit) 
New balance: $261.17

Third transaction: -$22.50 (check) 
New balance: $238.67

Fourth transaction: -$70.18 (check) 
New balance: $168.49

Therefore, the current balance in her checking account is $168.49.

LaToya Has $113