you are the treasurer for a local charity. at the beginning of the month the account balance for the charity…

you are the treasurer for a local charity. at the beginning of the month the account balance for the charity is $5,300. during the month the charity receives $500, $900 and $600 donations from industry and $50, $10, $100 and $150 donations from private sources. if the charity spends $2,200 during the month what is the balance at the end of the month?\na) $4,790\nb) $5,410\nc) $5,610\nd) $7,460

you are the treasurer for a local charity. at the beginning of the month the account balance for the charity is $5,300. during the month the charity receives $500, $900 and $600 donations from industry and $50, $10, $100 and $150 donations from private sources. if the charity spends $2,200 during the month what is the balance at the end of the month?\na) $4,790\nb) $5,410\nc) $5,610\nd) $7,460

Answer

Explanation:

Step1: Calculate total industry donations

$500 + 900+600=2000$

Step2: Calculate total private - source donations

$50 + 10+100 + 150=310$

Step3: Calculate total donations

$2000+310 = 2310$

Step4: Calculate end - of - month balance

$5300+2310 - 2200=5410$

Answer:

B. $5,410$