Ted begins the month with a checking account balance of $1,400. He writes five checks: one for $350.45, one for $200.01, one for $11.53, one
for $68.10, and one for $177.37. He makes two deposits, each for $450. His
bank charges him a $0.25 fee for each check she writes. He also pays a
monthly account fee of $5.00. What is the balance of Ted's account at the
end of the month? *
O $1,486.29
O $1,325.76
O $1,401.12
$1,509.34

$1,486.29

Explanation:

To calculate Ted's account balance at the end of the month:

First, deduct the checks:

1400 - 350.45 - 200.01 - 11.53 - 68.10 - 177.37 = 592.54

Now, add the deposits:

592.54 + 450 + 450 = 1,492.54

The bank charges him a $0.25 fee for every check. He wrote five checks, so his fee is:

0.25 * 5 = 1.25

Deduct the fee from his account:

1,492.54 - 1.25 = 1,491.29

Finally, deduct the monthly account fee:

1,491.29 - 5 = 1,486.29

The first option is the correct option.

Hope this helps :)

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.