Math Problem Statement

Lemon made five withdrawals of $100 each from her checking account. She also wrote a check for $260. What is the total change to her account balance?

Solution

Let's solve the problem step by step:

  1. Lemon made five withdrawals of $100 each:

    • Total amount withdrawn = 5×100=5005 \times 100 = 500
  2. She also wrote a check for $260:

    • This adds an additional $260 decrease to her account.
  3. Total change to her account balance:

    • Combine the two amounts: 500+260=760500 + 260 = 760

    The total change to her account balance is $760 (a decrease).


Would you like a detailed breakdown of the calculation or have additional questions?

Here are 5 related questions to expand your understanding:

  1. What would her balance be if she started with $1,000?
  2. If she deposited $500 after the withdrawals, what would her final balance change be?
  3. How would the total change differ if the check were for $300 instead of $260?
  4. If Lemon only made three $100 withdrawals instead, what would the total change to her account balance be?
  5. How do checks and withdrawals differ in affecting an account balance?

Tip: Always track multiple transactions carefully to avoid errors in financial calculations.

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Math Problem Analysis

Mathematical Concepts

Arithmetic Operations
Addition
Multiplication

Formulas

Total Change = (Number of Withdrawals × Amount per Withdrawal) + Check Amount

Theorems

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Suitable Grade Level

Grades 5-7