subject
Mathematics, 08.04.2021 01:10 25linm

A deposit is a sum of money you put into your bank account. When you visit the bank, you use a deposit slip to record the exact amounts of currency, coins, and checks you deposit. To make an electronic deposit, you use an automated teller machine (ATM) which requires you to have an ATM card and a personal identification number (PIN) Total Deposit = (currency + coins + checks) - cash received

Example: Find the total deposit:

Lani Decker is making a daily deposit into her boss' bank account. She has checks in the amounts of $524.89, $326.96, and $287.39. Her cash consists of 8 twenty-dollar bills, 10 ten-dollar bills, 9 five-dollar bills, and 18 one-dollar bills. She has coins in the following denominations: 6 quarters, 18 dimes, 7 nickels, and 4 pennies. What is her total deposit?

Step 1. (8 X $20) + (10 X $10) + (9X $5) + (18 X $1) = $160 +$100 + $45 + $18 = $323.00 currency

Step 2. (6 X $0.25) + (18 X $0.10) + (7 X $0.05) + (4 X $0.01) = $1.50 + $1.80 + $0.35 + $0.04 = $3.69 coins

Step 3: $524.89 + $326.96 + $287.39 = $1,139.24 checks

Step 4: $323.00 + $3.69 + $1,139.24 - 0.00 = 1,465.93 total deposit

Find the total deposit:

1. ($47.00 + $1.25 + $152.00) - $25.00

2. ($1,287.00 + $2.93 + $ 624.78) - $65.00

3. Checks: $100.00; $145.00; $98.00.

Cash: 6 twenties; 7 tens; 11 fives; 19 ones; 3 quarters; 13 dimes; 5 nickels; 8 pennies.

4. Checks: $374.85 and $219.47.

Cash: 9 twenties; 4 tens; 7 fives; 2 ones; 8 quarters; 23 dimes; 11 nickels; 3 pennies.

Cash received: $50.00

5. J. R. Miner stopped at the ATM. He deposited his check for $467.72 and his wife's $289.44 paycheck. He asks for $120.00 cash back and deposits the rest. What is his total deposit?

6. Mark Vance stopped at the bank. He deposited his paycheck for $647.79 and a rebate check for $14.50. If he receives $85.00 cash and deposits the rest, what is his total deposit?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
What is the value of x? enter your answer in the box. x = two intersecting tangents that form an angle of x degrees and an angle of 134 degrees.
Answers: 3
question
Mathematics, 21.06.2019 19:00
Witch represents the inverse of the function f(x)=1/4x-12
Answers: 1
question
Mathematics, 21.06.2019 19:30
Asurvey of 2,000 doctors showed that an average of 3 out of 5 doctors use brand x aspirin.how many doctors use brand x aspirin
Answers: 1
question
Mathematics, 21.06.2019 20:00
Axel follows these steps to divide 40 by 9: start with 40. 1. divide by 9 and write down the remainder. 2. write a zero after the remainder. 3. repeat steps 1 and 2 until you have a remainder of zero. examine his work, and then complete the statements below.
Answers: 1
You know the right answer?
A deposit is a sum of money you put into your bank account. When you visit the bank, you use a depos...
Questions
question
Mathematics, 23.08.2020 22:01
question
Chemistry, 23.08.2020 22:01
question
Social Studies, 23.08.2020 22:01
question
Mathematics, 23.08.2020 22:01
question
Mathematics, 23.08.2020 22:01
question
Mathematics, 23.08.2020 22:01
question
Mathematics, 23.08.2020 22:01
question
Mathematics, 23.08.2020 22:01
question
Mathematics, 23.08.2020 22:01
question
Biology, 23.08.2020 22:01
question
Mathematics, 23.08.2020 22:01
Questions on the website: 13722360