Answer :
Let's walk through the transactions step by step to determine Omar's bank balance.
1. Initial Balance: Omar starts with an initial balance of \[tex]$219.80. 2. Pharmacy Debit (on 9/15): - Amount debited: \$[/tex]15.20.
- New balance: \[tex]$219.80 - \$[/tex]15.20 = \[tex]$204.60. 3. Paycheck Credit (on 9/16): - Amount credited: \$[/tex]1,015.50.
- New balance: \[tex]$204.60 + \$[/tex]1,015.50 = \[tex]$1,220.10. 4. Rent Debit (on 9/18): - Amount debited: \$[/tex]425.00.
- New balance: \[tex]$1,220.10 - \$[/tex]425.00 = \[tex]$795.10. 5. Dinner Debit (on 9/18): - Amount debited: \$[/tex]22.30.
- New balance: \[tex]$795.10 - \$[/tex]22.30 = \[tex]$772.80. 6. Movie Tickets Debit (on 9/18): - Amount debited: \$[/tex]26.75.
- New balance: \[tex]$772.80 - \$[/tex]26.75 = \[tex]$746.05. After processing all the transactions listed in the table, Omar's final bank balance is \$[/tex]746.05. Therefore, none of the given options (\[tex]$761.25, \$[/tex]810.30, \[tex]$814.75, \$[/tex]1,186.25) match the computed final bank balance.
Thus, `\[tex]$746.05` should be the correct bank balance based on the transactions provided. Let's cross-verify each of the balances from the steps: - After the pharmacy transaction: \$[/tex]204.60
- After the paycheck: \[tex]$1,220.10 - After the rent: \$[/tex]795.10 (rounded to 795.0999999999999)
- After the dinner: \[tex]$772.80 - After the movie tickets: \$[/tex]746.05
Everything checks out, confirming that the final balance is indeed \$746.05.
1. Initial Balance: Omar starts with an initial balance of \[tex]$219.80. 2. Pharmacy Debit (on 9/15): - Amount debited: \$[/tex]15.20.
- New balance: \[tex]$219.80 - \$[/tex]15.20 = \[tex]$204.60. 3. Paycheck Credit (on 9/16): - Amount credited: \$[/tex]1,015.50.
- New balance: \[tex]$204.60 + \$[/tex]1,015.50 = \[tex]$1,220.10. 4. Rent Debit (on 9/18): - Amount debited: \$[/tex]425.00.
- New balance: \[tex]$1,220.10 - \$[/tex]425.00 = \[tex]$795.10. 5. Dinner Debit (on 9/18): - Amount debited: \$[/tex]22.30.
- New balance: \[tex]$795.10 - \$[/tex]22.30 = \[tex]$772.80. 6. Movie Tickets Debit (on 9/18): - Amount debited: \$[/tex]26.75.
- New balance: \[tex]$772.80 - \$[/tex]26.75 = \[tex]$746.05. After processing all the transactions listed in the table, Omar's final bank balance is \$[/tex]746.05. Therefore, none of the given options (\[tex]$761.25, \$[/tex]810.30, \[tex]$814.75, \$[/tex]1,186.25) match the computed final bank balance.
Thus, `\[tex]$746.05` should be the correct bank balance based on the transactions provided. Let's cross-verify each of the balances from the steps: - After the pharmacy transaction: \$[/tex]204.60
- After the paycheck: \[tex]$1,220.10 - After the rent: \$[/tex]795.10 (rounded to 795.0999999999999)
- After the dinner: \[tex]$772.80 - After the movie tickets: \$[/tex]746.05
Everything checks out, confirming that the final balance is indeed \$746.05.