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Look at this check register. Calculate the current balance.

\begin{tabular}{|c|c|c|c|c|c|c|}
\hline
Check & Date & Transaction & \begin{tabular}{c} [tex]$(-)$[/tex] \\ Debit \end{tabular} & [tex]$\checkmark$[/tex] & \begin{tabular}{c} [tex]$(+)$[/tex] \\ Deposit \end{tabular} & Balance \\
\hline
& 5/1 & Monthly Fee & 8.00 & & & \[tex]$82.92 \\
\hline
005 & 5/3 & Phone Bill & 78.24 & & & \\
\hline
& 5/15 & Paycheck & & & 125.00 & \\
\hline
& 5/17 & ATM & 40.00 & & & \\
\hline
006 & 5/20 & Tennis Lessons & 56.50 & & & \\
\hline
\end{tabular}

The current balance is $[/tex]\[tex]$ \square$[/tex]



Answer :

GinnyAnswer
Let's calculate the current balance step by step using the given check register.

1. Starting Balance:
[tex]\[ \$82.92 \][/tex]

2. Subtract the Monthly Fee (5/1):
[tex]\[ \$82.92 - \$8.00 = \$74.92 \][/tex]
The balance after the monthly fee is:
[tex]\[ \$74.92 \][/tex]

3. Subtract the Phone Bill (5/3):
[tex]\[ \$74.92 - \$78.24 = -\$3.32 \][/tex]
The balance after paying the phone bill is:
[tex]\[ -\$3.32 \][/tex]

4. Add Paycheck (5/15):
[tex]\[ -\$3.32 + \$125.00 = \$121.68 \][/tex]
The balance after depositing the paycheck is:
[tex]\[ \$121.68 \][/tex]

5. Subtract the ATM Withdrawal (5/17):
[tex]\[ \$121.68 - \$40.00 = \$81.68 \][/tex]
The balance after the ATM withdrawal is:
[tex]\[ \$81.68 \][/tex]

6. Subtract Tennis Lessons (5/20):
[tex]\[ \$81.68 - \$56.50 = \$25.18 \][/tex]
The balance after paying for tennis lessons is:
[tex]\[ \$25.18 \][/tex]

Therefore, the current balance is:
[tex]\[ \$25.18 \][/tex]

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