Mary Palm’s checking account had a starting balance of 785.63. She wrote a check for 57.00 for groceries and a check for 125.00 for a carpayment. Yesterday she deposited 57.25 in her checking account. What is Mary’s current balance? A. $796.38<\/p>\n\n\n\n
The correct answer and explanation is:<\/strong><\/mark><\/p>\n\n\n\n Correct Answer:<\/strong> A. $796.38<\/strong><\/p>\n\n\n\n Explanation (300 words):<\/strong><\/p>\n\n\n\n To determine Mary Palm\u2019s current checking account balance, we need to account for each transaction in the order they occurred. Let\u2019s break down the calculation step by step:<\/p>\n\n\n\n At this point, her current balance is $660.88<\/strong> \u2014 but this does not match answer choice A ($796.38)<\/strong>.<\/p>\n\n\n\n Let\u2019s re-express the math and verify all values again:<\/p>\n\n\n\n \u2705 Correct Final Balance: $660.88<\/strong><\/p>\n\n\n\n Therefore, answer A ($796.38) is incorrect.<\/strong><\/p>\n\n\n\n If the goal was to verify that A<\/strong> is correct, the problem must contain an error or a different set of numbers. Based on the data provided, the correct balance is $660.88<\/strong>, not $796.38<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Mary Palm’s checking account had a starting balance of 785.63. She wrote a check for 57.00 for groceries and a check for 125.00 for a carpayment. Yesterday she deposited 57.25 in her checking account. What is Mary’s current balance? A. $796.38 The correct answer and explanation is: Correct Answer: A. $796.38 Explanation (300 words): To […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15650","post","type-post","status-publish","format-standard","hentry","category-quiz-questions"],"_links":{"self":[{"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/posts\/15650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/comments?post=15650"}],"version-history":[{"count":1,"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/posts\/15650\/revisions"}],"predecessor-version":[{"id":15651,"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/posts\/15650\/revisions\/15651"}],"wp:attachment":[{"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/media?parent=15650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/categories?post=15650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gaviki.com\/blog\/wp-json\/wp\/v2\/tags?post=15650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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Mary began with $785.63<\/strong> in her checking account.<\/li>\n\n\n\n
She wrote a check for $57.00<\/strong>. This amount is subtracted from her account: 785.63\u221257.00=728.63785.63 – 57.00 = 728.63<\/li>\n\n\n\n
She also wrote a check for $125.00<\/strong>. This amount is subtracted next: 728.63\u2212125.00=603.63728.63 – 125.00 = 603.63<\/li>\n\n\n\n
The next day, Mary deposited $57.25<\/strong> into her checking account. Deposits are added to the balance: 603.63+57.25=660.88603.63 + 57.25 = 660.88<\/li>\n<\/ol>\n\n\n\n\n