question 6\n(01.02 lc)\nlucia checked her online bank statement which shows the current balance is $463.25…

question 6\n(01.02 lc)\nlucia checked her online bank statement which shows the current balance is $463.25, pending withdrawals are $512.61, and pending credits are $59.00. what is lucias current available balance?\n- $108.36\n$9.64\n$96.40\n$916.84

question 6\n(01.02 lc)\nlucia checked her online bank statement which shows the current balance is $463.25, pending withdrawals are $512.61, and pending credits are $59.00. what is lucias current available balance?\n- $108.36\n$9.64\n$96.40\n$916.84

Answer

Explanation:

Step1: Subtract pending withdrawals

The formula to calculate available balance is $Available\ balance = Current\ balance - Pending\ withdrawals+Pending\ credits$. First, subtract the pending withdrawals from the current balance: $463.25 - 512.61=-49.36$.

Step2: Add pending credits

Then add the pending credits to the result of step 1: $- 49.36+59.00 = 9.64$.

Answer:

$9.64$ (corresponding to the option $$9.64$)