Mr. Park pays $1000 per month in rent. Before depositing his paycheck, his checking account balance was $359.47. After the deposit, it was $1441.33. Will Mr. Park have enough money to pay his rent?

Question

Bennett Daugherty

Mathematics

13 December, 06:56

Mr. Park pays $1000 per month in rent. Before depositing his paycheck, his checking account balance was $359.47. After the deposit, it was $1441.33. Will Mr. Park have enough money to pay his rent?

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Answers (1)

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Steven Barr · Answer 1

Mr Park has enough money to pay his rent.

Step-by-step explanation:

The amount of the monthly rent paid = $1000

The account balance after depositing the paycheck = $1441.33

Now, to pay the rent, account should have more than the rent money $1000

Also, $1441.33 > $1000

⇒ The amount in the bank after depositing the paycheck > The rent to be paid

Hence, Mr Park has enough money to pay his rent.