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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?

Respuesta :

Haneefahr13
$550.
30.75 x 12 = 369
550 - 369 = $181
After 1 year, michael will be left with $181

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.

Step-by-step explanation:

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