Javier had $305 in his bank account. His bank charges a fee of $7.50 each month that a balance is below $500. If he makes no other deposits or withdrawals, how much money is in Javier’s account at the end of three months?

Respuesta :

7.50*3 = 22.50
305 - 22.50 = 282.50

Answer: [tex]\$282.5[/tex]

Step-by-step explanation:

Given : Javier had $305 in his bank account.

His bank charges a fee of $7.50 each month that a balance is below $500.

If he makes no other deposits or withdrawals, then the amount of deductions  in Javier’s account at the end of three months will be :-

[tex]\$7.50\times3=\$22.5[/tex]

Now, the amount of money in Javier’s account at the end of three months :-

[tex]\$305-\$22.5=\$282.5[/tex]