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What is the total amount of money being added to the account in the table of deposits shown below?

\begin{tabular}{|l|r|}
\hline \multicolumn{1}{|c|}{ Deposits } & \multicolumn{1}{c|}{ Amount } \\
\hline Incoming ACH & [tex]$\$[/tex] 2362.50$ \\
\hline Incoming Phone Transfer & [tex]$\$[/tex] 21.17$ \\
\hline Incoming App Transfer & [tex]$\$[/tex] 34.92$ \\
\hline Check Mobile Deposit & [tex]$\$[/tex] 23.46$ \\
\hline
\end{tabular}



Answer :

GinnyAnswer
To determine the total amount of money being added to the account, we need to sum the amounts from each deposit category. Here is the step-by-step breakdown:

1. Incoming ACH Deposit:
Amount: \$2362.50

2. Incoming Phone Transfer:
Amount: \$21.17

3. Incoming App Transfer:
Amount: \$34.92

4. Check Mobile Deposit:
Amount: \$23.46

Next, we add all these amounts together:

[tex]\[ \text{Total Deposits} = 2362.50 + 21.17 + 34.92 + 23.46 \][/tex]

Summing these:

[tex]\[ 2362.50 + 21.17 = 2383.67 \][/tex]

Adding the next amount:

[tex]\[ 2383.67 + 34.92 = 2418.59 \][/tex]

Finally, adding the last amount:

[tex]\[ 2418.59 + 23.46 = 2442.05 \][/tex]

Therefore, the total amount of money being added to the account is [tex]\(\$2442.05\)[/tex].

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