Question

sue’s bank account has a balance of $899.83 before she starts spending money. she makes the following transactions:

transaction	cost ($)
video game	32.79
bike maintenance	60.26
jacket	55.62
rug	80.40
night out	35.77

sue is considering splitting the cost of a new tv with her roommate. her share would be $305.22. can sue afford this?

a. yes, she can make the purchase and have money left over.

b. yes, but doing so will clear out her account.

c. no, making that purchase will overdraw her account.

d. no, she is overdrawn already.

Explanation:

Step1: Calculate total spending

Sum the costs of all transactions: \( 353.76 + 32.79 + 60.26 + 55.62 + 80.40 + 35.77 \)
First, add \( 353.76 + 32.79 = 386.55 \)
Then, \( 386.55 + 60.26 = 446.81 \)
Next, \( 446.81 + 55.62 = 502.43 \)
Then, \( 502.43 + 80.40 = 582.83 \)
Finally, \( 582.83 + 35.77 = 618.6 \)

Step2: Calculate remaining balance

Subtract total spending from initial balance: \( 899.83 - 618.6 = 281.23 \)

Step3: Compare with TV share

Her share of TV is \( 305.22 \). Since \( 281.23 < 305.22 \), she can't afford it and it will overdraw.

Answer:

c. No, making that purchase will overdraw her account.