Kenneth John makes a deposit at an ATM and receives $75.00 in cash and a receipt for the $872.25 total deposit. He remembers that the checks deposited totaled t
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1. User Answers jitushashi120
Answer:
Currency= $291 and check= $581.25.
Stepbystep explanation:
Given: Cash received= $75
Total deposit= $872.25
Lets assume currency deposited be dollar "x"
∴ As given check deposited will be "2x"
Now, calculating amount of currency deposited.
We know that, [tex]currency\ deposit + check\ deposit= \$872.25[/tex]
∴ [tex]x+2x= \$872.25[/tex]
⇒[tex]3x=\$872.25[/tex]
Cross multiplying
∴[tex]x= \$290.75 \approx \$291 \textrm{ as Kenneth John have not deposited any coins}[/tex]
∴ Amount of currency deposited is $291.
Next, computing to get amount deposited through check.
As we know check deposited is double of currency.
Check deposited= [tex]2\times \$291= \$ 582[/tex]
∵ No coins were deposited and there is total deposit is $872.25.
∴ We will consider amount deposited through check is $581.25.