The Balance in Your Checkbook Is -$21

question 188

Short Answer

The balance in your checkbook is -$21. If you make a deposit of $83, and then write a check for $15, what is the new balance? $ __________

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Definitions:

Salary

Predetermined, regular payment made by an employer to an employee, often expressed as an annual sum.

Consumer Price Index

A metric that quantifies the average shift over time in the costs that urban residents incur for a specified set of consumer goods and services.

CPI

Consumer Price Index; a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Price Index

A price index measures the average change in prices of a basket of goods and services over time, indicating inflation or deflation trends.