Understanding Check

Devonte is balancing his checking account. His account statement does not include a deposit of [tex]\$107.00[/tex] that he made on November 15. What is Devonte's actual account balance?

[tex]\$718.62[/tex]



Answer :

To determine Devonte's actual account balance, we need to include the deposit he made on November 15th, which isn't reflected in his current account statement. Let's go through the steps to find out the actual balance.

1. Identify the current account balance:
Devonte's account statement shows an account balance of \[tex]$718.62. 2. Identify the missing deposit: Devonte made a deposit of \$[/tex]107.00 on November 15th, which is not included in the current account balance.

3. Calculate the actual account balance:
To find out Devonte's actual account balance, we need to add the deposit amount to the current account balance.

[tex]\[ \text{Actual Account Balance} = \text{Current Account Balance} + \text{Deposit} \][/tex]

Substituting the given values:

[tex]\[ \text{Actual Account Balance} = \$718.62 + \$107.00 \][/tex]

4. Perform the addition:
Adding \[tex]$718.62 and \$[/tex]107.00 gives us:

[tex]\[ \text{Actual Account Balance} = \$825.62 \][/tex]

So, Devonte's actual account balance, including the deposit made on November 15th, is \$825.62.