Check Register Balance $492.31
Bank Statement Balance $529.03
Outstanding Checks $14.67 and $24.56
Service Charges $75.95
What is the true balance of the checking account?
Find the true balance:
Check register balance $785.26
Bank statement balance $615.68
Outstanding checks $120.65 and $56.93
Service charge $8.00
Jeremy had a starting balance of $122.00 in his savings passbook. He made these transactions: Deposits of $68.52 and $46.35; Withdrawals of $95.00 and $20.50; Interest $1.50. What is his final balance?
Patty deposited $650 in a savings account with 2% simple interest. If she keeps it in the account for 1 year, how much interest will she earn?
Johnny deposited $1230 in a savings account at 2.25% interest. How much interest will the account earn in 10 years?
Will got an insurance check of $4500 after a car accident. He deposited it into a savings account at 1.7% interest for 5 years. What was the total amount of money in the account after 5 years?
Account Type
Principal
Rate
Time
Simple Interest
$8000
1.8%
5 y
Compounded Semiannually
$8000
1.8%
5 y
Compounded Quarterly
$8000
1.8%
5 y
Use the table to answer questions 33 through 35.
Use this formula for interest that is compounded:
33
Find the amount of savings in the simple interest account at the end of 5 years.|||so we're doing you homework for you now? the better question is how do you rack up $75 in service charges?
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