Your check register shows balance of $565. your las bank statement shows ending balance of $715. all transactions match expect for two outstanding checks for $100 and $50. does your register balance with statement

If you would like to know if your register balance with the upper statement, you can calculate this using the following steps:

last bank statement: $715
outstanding checks: $100 and $50: $100 + $50 = $150

$715 - $150 = 715 - 150 = $565

The correct result would be: Yes, your check register balance with the upper statement.

Here’s the answer. you’re supposed to use 2900 times the interest rate and then add your original amount of money. now you get 2997.15