What is the total amount of money being deducted from the account in the table of payments shown below?

\begin{tabular}{|l|r|}
\hline \multicolumn{1}{|c|}{ Payments } & \multicolumn{1}{|c|}{ Amount } \\
\hline Outgoing ACH for Auto Loan & [tex]$\$[/tex] 190.00[tex]$ \\
\hline Outgoing Phone Transfer & $[/tex]\[tex]$ 30.00$[/tex] \\
\hline Outgoing App Transfer & [tex]$\$[/tex] 201.26[tex]$ \\
\hline E-pay Electricity Bill & $[/tex]\[tex]$ 82.00$[/tex] \\
\hline
\end{tabular}

Round to the nearest cent.



Answer :

To find the total amount of money being deducted from the account, we need to sum up all the individual payment amounts listed in the table. Here’s the step-by-step process:

1. Identify each payment amount:
- Outgoing ACH for Auto Loan: [tex]$190.00 - Outgoing Phone Transfer: $[/tex]30.00
- Outgoing App Transfer: [tex]$201.26 - E-pay Electricity Bill: $[/tex]82.00

2. Add the payment amounts together:
- Start with the auto loan payment:
[tex]\[ 190.00 \][/tex]
- Add the phone transfer amount to the total:
[tex]\[ 190.00 + 30.00 = 220.00 \][/tex]
- Add the app transfer amount to the new total:
[tex]\[ 220.00 + 201.26 = 421.26 \][/tex]
- Finally, add the electricity bill to the latest total:
[tex]\[ 421.26 + 82.00 = 503.26 \][/tex]

Thus, the total amount of money being deducted from the account is $503.26.