Math Problem Statement

Lance is making a bank deposit after his birthday. He is depositing checks from his parents for $125 and $75, and $55 in currency from his grandfather. He is also depositing $12.43 in coins that he found in his car. What is the net deposit that Lance is making?

Solution

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Math Problem Analysis

Mathematical Concepts

Arithmetic
Addition of currency values

Formulas

Sum of multiple amounts: total = amount1 + amount2 + ...

Theorems

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Suitable Grade Level

Grades 4-6