If $850 is deducted each month for 12 months from your checking account to pay your mortgage, what impact will it have on your check

Question

If $850 is deducted each month for 12 months from your checking account to pay your mortgage, what impact will it have on your checking account balance?
A) $10,200
B) $850
C) -$10,200
D) -$850

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2 weeks 2021-09-27T14:53:47+00:00 2 Answers 0

Answers ( )

    0
    2021-09-27T14:54:57+00:00

    Answer:

    c -10,200

    Step-by-step explanation:

    you multiply 850 by 12 for each month which is 10,200

    then you add the negative symbol because that amount will come out of your checking

    0
    2021-09-27T14:55:43+00:00

    Answer:

    C) -$10,200

    Step-by-step explanation:

    If a monthly deduction for a mortgage costs $850, yearly it will cost $10,200,  Thus reducing your balance by $10,200 yearly

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