bill has $270.61 in his account before making any transactions. over the course of a week, bill makes the…

bill has $270.61 in his account before making any transactions. over the course of a week, bill makes the following transactions:\n| transaction | debit ($) | credit ($) |\n|--|--|--|--|\n| paycheck | -- | 535.67 |\n| electric bill | 112.53 | -- |\n| groceries | 90.79 | -- |\n| savings bond | -- | 50.00 |\n| car payment | 225.65 | -- |\nat the end of the week, how much money is in bills account?\n a. $518.10\n b. $156.70\n c. $427.31\n d. $608.89

bill has $270.61 in his account before making any transactions. over the course of a week, bill makes the following transactions:\n| transaction | debit ($) | credit ($) |\n|--|--|--|--|\n| paycheck | -- | 535.67 |\n| electric bill | 112.53 | -- |\n| groceries | 90.79 | -- |\n| savings bond | -- | 50.00 |\n| car payment | 225.65 | -- |\nat the end of the week, how much money is in bills account?\n a. $518.10\n b. $156.70\n c. $427.31\n d. $608.89

Answer

Explanation:

Step1: Add initial amount and credits

$270.61 + 535.67+50.00=856.28$

Step2: Subtract debits

$856.28-(112.53 + 90.79+225.65)=856.28 - 428.97=427.31$

Answer:

c. $427.31$