Jackie deposited a $865.98 paycheck, a $623 stock dividend check, a $60 rebate check, and $130 cash into her checking account. Her original account balance was $278.91. Assuming the checks clear, how much will be in her account after deposits are made? 


To find how much Jackie will have in her account after the deposits are made, we need to sum all the deposits and add that to her original balance.

Here are the details:
- Original account balance: $278.91
- Paycheck: $865.98
- Stock dividend check: $623.00
- Rebate check: $60.00
- Cash deposit: $130.00

Now, let's sum the deposits:
\[
865.98 + 623 + 60 + 130 = 1678.98
\]

Now, add the total deposits to her original balance:
\[
278.91 + 1678.98 = 1957.89
\]

So, after the deposits are made and the checks clear, Jackie will have **$1,957.89** in her account.

Would you like further details or clarifications?

Here are 5 questions related to this problem:
1. How would overdraft fees affect the final account balance if Jackie had a negative balance?
2. What happens to the balance if one of the checks doesn't clear?
3. How would interest accumulation impact the balance if it’s a savings account instead of a checking account?
4. How would Jackie’s account balance change if she made a withdrawal instead of a deposit?
5. How can Jackie track her deposits efficiently?

**Tip:** Always check with your bank to ensure deposits, especially checks, have cleared before considering them available for use!

Jackie deposited a $865.98 paycheck, a $623 stock dividend check, a $60 rebate check, and $130 cash into her checking account. Her original account balance was $278.91. Assuming the checks clear, how much will be in her account after deposits are made?

Learn how to calculate Jackie's account balance after depositing a paycheck of $865.98, a stock dividend check of $623, a rebate check of $60, and $130 in cash, starting with an original balance of $278.91. This basic arithmetic problem is suitable for students in Grades 4-6.

Math Problem Statement

Solution

Ask a new question for Free

By Image

Math Problem Analysis

Mathematical Concepts

Formulas

Theorems

Suitable Grade Level

Related Recommendation