Question
a) You have an account at Bank A. Your last balance statement, which you can see on your bank account page, shows an ending balance
a) You have an account at Bank A. Your last balance statement, which you can see on your bank account page, shows an ending balance of $300. This month you deposit $820 in your account and withdrew $550. Then you had 10 peer-to-peer transfers or autopay transfers scheduled from your checking account, four of which clears. The amount that that have cleared totals $570. The six remaining transfers from checking account will total $370. You will pay a $25 monthly maintenance fee to the bank that month. What is the adjusted bank balance (accounting for the unclear transfers from checking as well)? Show work.
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