Calculate the Statement Balance

question 66

Short Answer

Calculate the statement balance:
$$\begin{array} { | c | c | c | c | c | } \hline \begin{array} { c } \text { Balance of last } \\\text { Statement }\end{array} & \begin{array} { c } \text { Checks } \\\text { Processed }\end{array} & \begin{array} { c } \text { Deposits } \\\text { Received }\end{array} & \begin{array} { c } \text { Service } \\\text { Charge }\end{array} & \begin{array} { c } \text { Balance this } \\\text { Statement }\end{array} \\\hline \$ 1,871.44 & \$ 891.85 & \$ 160.50 & \$ 14.11 & ? \\\hline\end{array}$$

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Definitions:

Net Present Value

Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or project, calculated as the difference between the present value of cash inflows and outflows.