Michael is left with $181 and it is positive.
Step-by-step explanation:
Balance in Michael's account = $550
Per month withdrawal = $30.75
One year = 12 months
Total amount of withdrawal = Per month withdrawal * months
Total amount of withdrawal =[tex]30.75*12[/tex]
Total amount of withdrawal=[tex]\$369[/tex]
Net change = Balance in account - Amount of withdrawal
[tex]Net\ change= 550-369\\Net\ change=\$181[/tex]
Michael is left with $181 and it is positive.
Keywords: multiplication, subtraction
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