Michael had $550 in his savings account. He took out $30.75 every month for one year. What is the net change in Michael's account balance following these withdr
Mathematics
CherryCola
Question
Michael had $550 in his savings account. He took out $30.75 every month for one year. What is the net change in Michael's account balance following these withdrawals?
2 Answer

1. User Answers caiteburns
$30.75 x 12 = 369
$550$369 =$181 
2. User Answers rorygate2008
Answer:
369 Has been taken out in total. He had 550 in his savings, so 550  369 is 181. He 181 USD left, and the net change is $369 USD.
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