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Leo has $4,522.08 in his bank account.

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He deposits another $875.50 and then

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withdraws $300 in cash.

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How much is left in his account?

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So he's starting with $4,522.08.

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Let's write that down.

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$4,522.08.

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And then he deposits, or he adds, another $875.50.

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So he's going to add $875.50.

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When you deposit into an account, you're putting

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something into the account, or you're adding to the account.

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00:00:46,090 --> 00:00:51,270
So after he adds that $875.50, what does he have?

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We go back to the penny spot, or we could view that as the

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hundredths.

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A penny is one hundredth of a dollar.

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Let me switch colors.

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We have 8 plus 0 is 8.

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0 plus 5 is 5.

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We have the decimal right there.

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2 plus 5 is 7.

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2 plus 7 is 9.

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5 plus 8 is 13.

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Put the 3 down here and regroup the 1, or carry the 1.

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1 plus 4 is 5.

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So after the $875.50 deposit, he has $5,397.58.

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Then he withdraws $300 in cash, or he takes out $300, so

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we'll have to subtract that.

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So then he withdraws $300 and I just added some trailing

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zeroes after the decimal.

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$300 is the same thing as $300.00 and zero cents.

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And then we subtract.

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8 minus 0 is 8.

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5 minus 0 is 5.

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We have our decimal right there.

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7 minus 0 is 7.

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9 minus 0 is 9.

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3 minus 3 is 0, and then 5 minus nothing here is 5.

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So he's the left with, in his account, $5,097.58.

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