Answer :
Sure! Let's fill in the missing information on Lars Torvall's savings account statement step by step:
Given the account statement:
[tex]\[ \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Savings Account Statement } \\ \hline \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{l} Name \\ Lars Torvall \end{tabular}}} & \multicolumn{2}{|c|}{ Beginning Date } & $1 / 15 / 20 \cdots$ \\ \hline & & \multicolumn{2}{|c|}{ Ending Date } & 7/15/20-- \\ \hline Account Number & $12-36-5000$ & \multicolumn{2}{|c|}{ Interest Earned This Period } & f. \\ \hline Date & Withdrawal & Deposit & Interest & Balance \\ \hline 15-Jan & & & & 503.27 \\ \hline 28-Jan & & 45.00 & 0.90 & 549.17 \\ \hline 3-Feb & & 80.40 & 0.45 & 630.02 \\ \hline 15-Feb & & & 1.04 & 631.06 \\ \hline 15-Mar & & & 2.42 & 633.48 \\ \hline 10-Apr & 400.00 & & 2.26 & 235.74 \\ \hline 15-Apr & & & 0.16 & a. \\ \hline 1-May & & 335.60 & 0.52 & b. \\ \hline 15-May & & & 1.10 & c. \\ \hline 15-Jun & & & 2.43 & d. \\ \hline 15-Jul & & & 2.37 & e. \\ \hline \end{tabular} \][/tex]
First, we fill out the balance after each transaction:
### Calculations:
1. 15-Apr Balance (a):
- Previous Balance (10-Apr): [tex]$235.74 - Interest Earned on 15-Apr: $[/tex]0.16
[tex]\[ a = 235.74 + 0.16 = 235.90 \][/tex]
2. 1-May Balance (b):
- Previous Balance (15-Apr): [tex]$235.90 - Deposit on 1-May: $[/tex]335.60
- Interest Earned on 1-May: [tex]$0.52 \[ b = 235.90 + 335.60 + 0.52 = 572.02 \] 3. 15-May Balance (c): - Previous Balance (1-May): $[/tex]572.02
- Interest Earned on 15-May: [tex]$1.10 \[ c = 572.02 + 1.10 = 573.12 \] 4. 15-Jun Balance (d): - Previous Balance (15-May): $[/tex]573.12
- Interest Earned on 15-Jun: [tex]$2.43 \[ d = 573.12 + 2.43 = 575.55 \] 5. 15-Jul Balance (e): - Previous Balance (15-Jun): $[/tex]575.55
- Interest Earned on 15-Jul: [tex]$2.37 \[ e = 575.55 + 2.37 = 577.92 \] ### Filling them in the table: \[ \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Savings Account Statement } \\ \hline \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{l} Name \\ Lars Torvall \end{tabular}}} & \multicolumn{2}{|c|}{ Beginning Date } & $[/tex]1 / 15 / 20 \cdots[tex]$ \\ \hline & & \multicolumn{2}{|c|}{ Ending Date } & 7/15/20-- \\ \hline Account Number & $[/tex]12-36-5000$ & \multicolumn{2}{|c|}{ Interest Earned This Period } & f. \\
\hline Date & Withdrawal & Deposit & Interest & Balance \\
\hline 15-Jan & & & & 503.27 \\
\hline 28-Jan & & 45.00 & 0.90 & 549.17 \\
\hline 3-Feb & & 80.40 & 0.45 & 630.02 \\
\hline 15-Feb & & & 1.04 & 631.06 \\
\hline 15-Mar & & & 2.42 & 633.48 \\
\hline 10-Apr & 400.00 & & 2.26 & 235.74 \\
\hline 15-Apr & & & 0.16 & 235.90 \\
\hline 1-May & & 335.60 & 0.52 & 572.02 \\
\hline 15-May & & & 1.10 & 573.12 \\
\hline 15-Jun & & & 2.43 & 575.55 \\
\hline 15-Jul & & & 2.37 & 577.92 \\
\hline
\end{tabular}
\]
All the missing information is now filled in correctly!
Given the account statement:
[tex]\[ \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Savings Account Statement } \\ \hline \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{l} Name \\ Lars Torvall \end{tabular}}} & \multicolumn{2}{|c|}{ Beginning Date } & $1 / 15 / 20 \cdots$ \\ \hline & & \multicolumn{2}{|c|}{ Ending Date } & 7/15/20-- \\ \hline Account Number & $12-36-5000$ & \multicolumn{2}{|c|}{ Interest Earned This Period } & f. \\ \hline Date & Withdrawal & Deposit & Interest & Balance \\ \hline 15-Jan & & & & 503.27 \\ \hline 28-Jan & & 45.00 & 0.90 & 549.17 \\ \hline 3-Feb & & 80.40 & 0.45 & 630.02 \\ \hline 15-Feb & & & 1.04 & 631.06 \\ \hline 15-Mar & & & 2.42 & 633.48 \\ \hline 10-Apr & 400.00 & & 2.26 & 235.74 \\ \hline 15-Apr & & & 0.16 & a. \\ \hline 1-May & & 335.60 & 0.52 & b. \\ \hline 15-May & & & 1.10 & c. \\ \hline 15-Jun & & & 2.43 & d. \\ \hline 15-Jul & & & 2.37 & e. \\ \hline \end{tabular} \][/tex]
First, we fill out the balance after each transaction:
### Calculations:
1. 15-Apr Balance (a):
- Previous Balance (10-Apr): [tex]$235.74 - Interest Earned on 15-Apr: $[/tex]0.16
[tex]\[ a = 235.74 + 0.16 = 235.90 \][/tex]
2. 1-May Balance (b):
- Previous Balance (15-Apr): [tex]$235.90 - Deposit on 1-May: $[/tex]335.60
- Interest Earned on 1-May: [tex]$0.52 \[ b = 235.90 + 335.60 + 0.52 = 572.02 \] 3. 15-May Balance (c): - Previous Balance (1-May): $[/tex]572.02
- Interest Earned on 15-May: [tex]$1.10 \[ c = 572.02 + 1.10 = 573.12 \] 4. 15-Jun Balance (d): - Previous Balance (15-May): $[/tex]573.12
- Interest Earned on 15-Jun: [tex]$2.43 \[ d = 573.12 + 2.43 = 575.55 \] 5. 15-Jul Balance (e): - Previous Balance (15-Jun): $[/tex]575.55
- Interest Earned on 15-Jul: [tex]$2.37 \[ e = 575.55 + 2.37 = 577.92 \] ### Filling them in the table: \[ \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Savings Account Statement } \\ \hline \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{l} Name \\ Lars Torvall \end{tabular}}} & \multicolumn{2}{|c|}{ Beginning Date } & $[/tex]1 / 15 / 20 \cdots[tex]$ \\ \hline & & \multicolumn{2}{|c|}{ Ending Date } & 7/15/20-- \\ \hline Account Number & $[/tex]12-36-5000$ & \multicolumn{2}{|c|}{ Interest Earned This Period } & f. \\
\hline Date & Withdrawal & Deposit & Interest & Balance \\
\hline 15-Jan & & & & 503.27 \\
\hline 28-Jan & & 45.00 & 0.90 & 549.17 \\
\hline 3-Feb & & 80.40 & 0.45 & 630.02 \\
\hline 15-Feb & & & 1.04 & 631.06 \\
\hline 15-Mar & & & 2.42 & 633.48 \\
\hline 10-Apr & 400.00 & & 2.26 & 235.74 \\
\hline 15-Apr & & & 0.16 & 235.90 \\
\hline 1-May & & 335.60 & 0.52 & 572.02 \\
\hline 15-May & & & 1.10 & 573.12 \\
\hline 15-Jun & & & 2.43 & 575.55 \\
\hline 15-Jul & & & 2.37 & 577.92 \\
\hline
\end{tabular}
\]
All the missing information is now filled in correctly!
