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Annie wants to make a deposit into her savings account. She is depositing 3 checks, one for $50.32, another...

Annie wants to make a deposit into her savings account. She is depositing 3 checks, one for $50.32, another for $324.89, and finally one for $753.15. She would like to receive $137.82 in cash after the deposit. Calculate the amount that she will be depositing into her savings account.
a. $990.54
b. $1,299.18
c. $1,225.54
d. $1,091.18
Please select the best answer from the choices provided
a. O
b. O
c. O
d. O

Answer

To calculate the total amount Annie will deposit into her savings account, first add the amounts of the three checks:

  1. $50.32
  2. $324.89
  3. $753.15

Total from checks = $50.32 + $324.89 + $753.15 = $1,128.36

Since Annie wants to receive $137.82 in cash, subtract this amount from the total:

Total deposit = $1,128.36 - $137.82 = $990.54

The correct answer is a. $990.54.

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