Choose the One Alternative That Best Completes the Statement or Answers

question 412

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
Solve the exponential equation. Use a calculator to obtain a decimal approximation, correct to two decimal places, for the
solution.
- $\left( \frac { 1 } { 2 } \right) ^ { x } = 15$

• A) {-0.26}
• B) {-7.50}
• C) {3.91}
• D) {-3.91}

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Definitions:

Outstanding Check

One that has been written but hasn’t yet cleared the bank and been charged to the customer’s account.

Adjusted Cash Balance

An amount reflecting the true cash balance after accounting for outstanding checks or deposits in transit.

Check Register

A check register is a record book used to track checks written, deposits made, and the current balance of a checking account.

Closed Account

A bank or credit account that has been terminated, either by the customer or the financial institution, often due to inactivity or zero balance.