If Stella’s balance in the account was $98.21 at the beginning of the month

$109.78, $25.23, $53.64, $14.62, $60.17

If Stella’s balance in the account was $98.21 at the beginning of the month, what was the account balance at the end of the month?

The correct answer and explanation is:

To calculate Stella’s account balance at the end of the month, you need to start with the beginning balance and then add or subtract the deposits and withdrawals for the month.

Stella’s initial balance is $98.21.

The deposits and withdrawals are as follows:

• Deposit: $109.78
• Deposit: $25.23
• Withdrawal: $53.64
• Withdrawal: $14.62
• Deposit: $60.17

Now, let’s perform the calculation step by step:

1. Start with the initial balance: 98.2198.21
2. Add the first deposit: 98.21+109.78=207.9998.21 + 109.78 = 207.99
3. Add the second deposit: 207.99+25.23=233.22207.99 + 25.23 = 233.22
4. Subtract the first withdrawal: 233.22−53.64=179.58233.22 – 53.64 = 179.58
5. Subtract the second withdrawal: 179.58−14.62=164.96179.58 – 14.62 = 164.96
6. Add the final deposit: 164.96+60.17=225.13164.96 + 60.17 = 225.13

Thus, the account balance at the end of the month is $225.13.

This process is simple: starting with the initial balance, you add deposits and subtract withdrawals. Each step involves either increasing or decreasing the balance based on the amounts deposited or withdrawn. The final figure, $225.13, is the result of these operations and represents the amount Stella has at the end of the month.