Ming made a car insurance payment of $122.50. he’ll use the check register to record his transaction. what will be his new balance? on edge

A payment system that does not need a warrant to spend the whole yearly premium at the start of the policy term. This enables a guaranteed to experience endowment earnings on the premium money when the time within the amount of the premium at the policy's conception and the point of the original bankruptcy. The check record in the transaction and the current balance is 679.60 dollars.