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Ruby's monthly bank statement showed the following deposits and withdrawals: -$91.50,$108.98,-$55.89,-$3.83,$81.61 If Ruby's balance in the account was $112.19 at the beginning of the month, what was the account balance at the end of the month? Answer: $

Ruby's monthly bank statement showed the following deposits and withdrawals:\newline−$91.50,$108.98,−$55.89,−$3.83,$81.61 -\$ 91.50, \$ 108.98,-\$ 55.89,-\$ 3.83, \$ 81.61 \newlineIf Ruby's balance in the account was $112.19 \$ 112.19 at the beginning of the month, what was the account balance at the end of the month?\newlineAnswer: $ \$ □\square

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Q. Ruby's monthly bank statement showed the following deposits and withdrawals:\newline−$91.50,$108.98,−$55.89,−$3.83,$81.61 -\$ 91.50, \$ 108.98,-\$ 55.89,-\$ 3.83, \$ 81.61 \newlineIf Ruby's balance in the account was $112.19 \$ 112.19 at the beginning of the month, what was the account balance at the end of the month?\newlineAnswer: $ \$ □\square
  1. Start with initial balance: Start with the initial balance. Ruby's initial balance is $112.19\$112.19.
  2. Add and subtract transactions: Add and subtract the transactions from the initial balance.\newlineFirst, we will add the deposits and subtract the withdrawals from the initial balance.\newlineInitial balance: $112.19\$112.19\newlineDeposits: $108.98+$81.61\$108.98 + \$81.61\newlineWithdrawals: −$91.50−$55.89−$3.83-\$91.50 - \$55.89 - \$3.83\newlineLet's calculate the total deposits and total withdrawals separately.\newlineTotal deposits = $108.98+$81.61=$190.59\$108.98 + \$81.61 = \$190.59\newlineTotal withdrawals = $91.50+$55.89+$3.83=$151.22\$91.50 + \$55.89 + \$3.83 = \$151.22\newlineNow, we subtract the total withdrawals from the total deposits.\newlineNet transaction amount = Total deposits - Total withdrawals\newlineNet transaction amount = $190.59−$151.22=$39.37\$190.59 - \$151.22 = \$39.37
  3. Calculate total deposits and withdrawals: Calculate the final balance.\newlineFinal balance = Initial balance + Net transaction amount\newlineFinal balance = $112.19\$112.19 + $39.37\$39.37 = $151.56\$151.56

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