Concept explainers
From the following information, complete the checkbook register on page 104 through October 10.
Cheryl Roberts' account balance on September 26 was $1,196.19. On October 1. she received $3.023.11 by electronic payroll deposit. Also on October 1. she wrote check #1804 to pay her rent in the amount of $1,175.00. Cheryl used her debit card to make purchases on September 28 for $37.79. on October 2 for $311.86. and on October 3 for $164.26. On October 8. she paid her electricity bill, gas bill, and phone bill using her bank's online bill-paying service. Her electricity bill was $142.87. Gas was $18.46. and phone amounted to $38.52. On October 9, she deposited a rebate check for $50.
Trending nowThis is a popular solution!
Chapter 4 Solutions
Contemporary Mathematics for Business & Consumers
- A credit card bill for $655 was due on April 14. Purchases of $152.56 were made on April 19. The amount $23.45 was charged on April 21 and $207.36 was charged on April 28. A payment of $500 was made on April 25. Find the average daily balance (in dollars) if the next due date is May 14.arrow_forwardDirections: Record the following transactions on the check register below. Keep a running balance. 1. You have a beginning balance of $1054.65. 2. You receive your paycheck on July 9 for the amount of $867.89. One hundred dollars was placed into your 2202savings account before depositing the rest into your checking account. Total deposit was $767.89. 3. On July 11 you write check number 1029 to Time Warner to pay your cable bill. Total amount is $45.56. 4. On July 13 you write check number 1030 to B.F.I. to pay your garbage bill. Total amount is $56.78. 5. On July 13 you use your debit card to buy food at Publix. Total amount is $34.56. 6. On July 14 you visit the mall and pull money out of an ATM. It is not your bank's ATM and the fee is $2.00. The amount that you withdraw is $40.00. 7. On July 15 you write check number 1031 to Pinellas County Utilities to pay your water bill. Total amount is $120.34. 8. On July 15 you write check number 1032 to Bank of America to pay your mortgage.…arrow_forwardA car dealer will sell you a used car for $6298 with $798 down and payments of $162.51 per month for 48 months. What is the apr?arrow_forward
- Kaitlin had the following number of daily balances within a 31 day period on her credit card account. What was the average daily balance on the account? For three days the balance was $654.32 For eleven days the balance was $880.09 For nine days the balance was $1,166.06 For five days the balance was $1,515.15 For three days the balance was $1,903.31 $1,142.72 $1,265.15 $1,180.81 $2,952.14 O $34,525.17arrow_forwardRandy's automobile insurance policy has an annual deductible of $400. His bill for a recent collision repair, which was his first insurance claim of the year, was $900. How much did Randy pay out-of-pocket for the repair? O a. $500 O b. $400 O c. $0 (His insurance covers the entire bill) O d. $350arrow_forwardDiana's gross earnings were $589. She is single and claims two allowances. Find the deductions for her federal withholding taxes for this pay period.arrow_forward
- A car dealer will sell you a used car for $6,998 with $798 down and payments of $164.51 per month for 48 months.arrow_forwardKara had a savings account balance of $153 on Monday. On Tuesday, she had six withdrawals of $15.72 each and deposit of $235.15. What was her account balance after these transactions?arrow_forwardA credit card account had a $261 balance on March 5. A purchase of $196 was made on March 12, and a payment of $200 was made on March 28. Find the average daily balance if the billing date is April 5. (Round your answer to the nearest cent.)arrow_forward
- Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell