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Josh has a savings account at a bank that charges a $10 fee and pays no interest for every month his balance falls below $1,000. His account has a balance of $1,203.44 and he withdraws $300. What will his balance be in six months if he makes no deposits or withdrawals?

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Answer:

$843.44

Step-by-step explanation:

1,203.44-300=903.44

903.44-60=843.44

The balance that should be left in six months in the case when no deposits or withdrawals should be made is $843.44.

Given that,

  • There are charges of $10 fee by the bank in the case when the balance is less than $1000.
  • The account balance is $1,203.44.
  • Also, the withdrawn amount is $300.

Based on the above information, the balance left should be

= $1,203.44 - $300 - $10(6)

= $843.44

Therefore we can conclude that the balance that should be left in six months in the case when no deposits or withdrawals should be made is $843.44.

Learn more: brainly.com/question/18510212

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