You use an automated teller machine (ATM) to deposit a cheque for 122.94into your savings account. Your receipt from the ATM shows a balance of 286.59after the deposit. Find the balance of your savings account before the deposit.

Short Answer

Expert verified

Balance in savings account before deposit =163.65.

Step by step solution

01

Step-1- Writing formula from given information

Let xbe the balance in savings account before deposit.

Balance in savings account after deposit = Balance in savings account before deposit + Amount of money deposited into savings account

02

Step-2-Solve for value of x

On substituting values, we get

286.59=x+122.94.

Subtracting 122.94on both sides, we get

286.59122.94=x+122.94122.94x=286.59122.94x=163.65

03

Step-3-Conclusion

Therefore, the balance in savings account before deposit =163.65.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Study anywhere. Anytime. Across all devices.

Sign-up for free