WILL GIVE BRAINIEST!

Vito Melvins bank account has a balance of $9,669.26. The previous balance was $6,955.01. Vito made a Deposit of $2,815.85 and withdrew $100.00. how much did he earn in interest?

Please show all steps!

Respuesta :

Answer:

negative $1.60 was the "interest" added to Vito's account

Step-by-step explanation:

new balance = old balance + deposits - withdrawals + interest

$9669.26 = $6955.01 + 2815.85 - 100.00 + interest . . . . fill in givens

$9669.26 = $9670.86 + interest . . . . . simplify

$9669.26 - 9670.86 = interest = -$1.60 . . . . . subtract 9670.86

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Comment on the problem

This result is "unexpected." Usually an interest amount will be positive. Please have your teacher work this problem for you and explain the result.