josie deposited $450 in a bank account at the beginning of the month. a payment of $35.20 is deducted each…

josie deposited $450 in a bank account at the beginning of the month. a payment of $35.20 is deducted each month for her gym membership. if she makes no other deposits or withdrawals, how much money is in josies account at the end of four months?

josie deposited $450 in a bank account at the beginning of the month. a payment of $35.20 is deducted each month for her gym membership. if she makes no other deposits or withdrawals, how much money is in josies account at the end of four months?

Answer

Explanation:

Step1: Calculate total deduction

The monthly deduction is $35.20, for 4 months, the total deduction is $35.20\times4$. $35.20\times4 = 140.8$

Step2: Calculate remaining balance

The initial deposit is $450. Subtract the total deduction from the initial deposit. $450 - 140.8=309.2$

Answer:

$309.2$