Initial Balance and Debit Card Transaction

Oct 13, 2025 by wbrum.org 135 views

Introduction

Shakira, a diligent individual, has a balance of $\$202.86$ in her checking account on Saturday morning. As she begins her day, she decides to use her debit card to pay her cell phone bill of $\$80.73$ over the phone. Following this transaction, she proceeds to pick up her dry cleaning, dog food at the pet store, and other essential items. In this article, we will delve into the mathematical implications of Shakira's transactions and explore how they affect her checking account balance.

Initial Balance and Debit Card Transaction

Shakira starts with a balance of $\$202.86$ in her checking account. When she uses her debit card to pay her cell phone bill of $\$80.73$ , the balance in her account is reduced by the amount of the transaction. To calculate the new balance, we subtract the debit card transaction from the initial balance:

\text{New Balance} = \text{Initial Balance} - \text{Debit Card Transaction}

\text{New Balance} = \$202.86 - \$80.73

\text{New Balance} = \$122.13

As a result of the debit card transaction, Shakira's checking account balance is reduced to $\$122.13$ .

Subsequent Transactions

After paying her cell phone bill, Shakira proceeds to pick up her dry cleaning and dog food at the pet store. These transactions will further impact her checking account balance. However, the article does not provide specific details about the costs associated with these transactions. Therefore, we will assume that the costs are represented by the variables $x$ and $y$ , respectively.

The new balance in Shakira's checking account can be calculated as follows:

\text{New Balance} = \text{Previous Balance} - x - y

\text{New Balance} = \$122.13 - x - y

To determine the impact of these transactions on Shakira's checking account balance, we need to know the values of $x$ and $y$ . Unfortunately, the article does not provide this information.

Mathematical Representation

To better understand the relationship between Shakira's transactions and her checking account balance, we can represent the situation mathematically. Let $B$ represent the balance in Shakira's checking account, and let $T$ represent the total amount of transactions. We can express the relationship between $B$ and $T$ as follows:

B = B_0 - T

where $B_0$ is the initial balance in Shakira's checking account.

In this case, the initial balance is $\$202.86$ , and the debit card transaction is $\$80.73$ . Therefore, the new balance after the debit card transaction is:

B = \$202.86 - \$80.73

B = \$122.13

As we can see, the mathematical representation provides a clear and concise way to understand the relationship between Shakira's transactions and her checking account balance.

Conclusion

In conclusion, Shakira's checking account balance is affected by her debit card transaction and subsequent transactions. The mathematical representation provides a clear and concise way to understand the relationship between Shakira's transactions and her checking account balance. However, the article does not provide specific details about the costs associated with the subsequent transactions. Therefore, we are unable to determine the exact impact of these transactions on Shakira's checking account balance.

Recommendations

To better understand the impact of Shakira's transactions on her checking account balance, we recommend the following:

Track transactions: Shakira should keep track of all her transactions, including the costs associated with her dry cleaning and dog food.
Monitor balance: Shakira should regularly monitor her checking account balance to ensure that it remains within a reasonable range.
Budgeting: Shakira should create a budget to help her manage her finances and make informed decisions about her transactions.

By following these recommendations, Shakira can better understand the impact of her transactions on her checking account balance and make informed decisions about her finances.

Future Research Directions

Future research directions could include:

Developing a mathematical model: A mathematical model could be developed to represent the relationship between Shakira's transactions and her checking account balance.
Analyzing the impact of transactions: The impact of Shakira's transactions on her checking account balance could be analyzed in more detail.
Providing recommendations: Recommendations could be provided to help Shakira manage her finances and make informed decisions about her transactions.

By exploring these research directions, we can gain a deeper understanding of the relationship between Shakira's transactions and her checking account balance.

Limitations

This article has several limitations. The article does not provide specific details about the costs associated with Shakira's dry cleaning and dog food. Therefore, we are unable to determine the exact impact of these transactions on Shakira's checking account balance. Additionally, the article assumes that Shakira's transactions are the only factors affecting her checking account balance. In reality, other factors such as interest rates, fees, and deposits may also impact her balance.

Conclusion

Introduction

In our previous article, we explored the impact of Shakira's debit card transaction and subsequent transactions on her checking account balance. However, we were unable to determine the exact impact of these transactions due to the lack of information about the costs associated with the subsequent transactions. In this article, we will answer some frequently asked questions about Shakira's checking account balance and provide additional insights into the relationship between her transactions and her checking account balance.

Q: What is Shakira's initial checking account balance?

A: Shakira's initial checking account balance is $\$202.86$ .

Q: How much does Shakira pay for her cell phone bill?

A: Shakira pays $\$80.73$ for her cell phone bill.

Q: What is Shakira's checking account balance after paying her cell phone bill?

A: Shakira's checking account balance after paying her cell phone bill is $\$122.13$ .

Q: What are the subsequent transactions that affect Shakira's checking account balance?

A: The subsequent transactions that affect Shakira's checking account balance include picking up her dry cleaning and dog food at the pet store. However, the costs associated with these transactions are not specified in the article.

Q: How can Shakira's checking account balance be represented mathematically?

A: Shakira's checking account balance can be represented mathematically as follows:

B = B_0 - T

where $B$ is the balance in Shakira's checking account, $B_0$ is the initial balance, and $T$ is the total amount of transactions.

Q: What is the relationship between Shakira's transactions and her checking account balance?

A: The relationship between Shakira's transactions and her checking account balance is that each transaction reduces the balance in her checking account by the amount of the transaction.

Q: How can Shakira manage her finances and make informed decisions about her transactions?

A: Shakira can manage her finances and make informed decisions about her transactions by:

Tracking her transactions: Shakira should keep track of all her transactions, including the costs associated with her dry cleaning and dog food.
Monitoring her balance: Shakira should regularly monitor her checking account balance to ensure that it remains within a reasonable range.
Budgeting: Shakira should create a budget to help her manage her finances and make informed decisions about her transactions.

Q: What are some potential limitations of this article?

A: Some potential limitations of this article include:

Lack of information: The article does not provide specific details about the costs associated with Shakira's dry cleaning and dog food.
Assumptions: The article assumes that Shakira's transactions are the only factors affecting her checking account balance. In reality, other factors such as interest rates, fees, and deposits may also impact her balance.

Conclusion

Additional Resources

For more information about managing your finances and making informed decisions about your transactions, please refer to the following resources:

Budgeting apps: There are many budgeting apps available that can help you track your transactions and stay on top of your finances.
Financial advisors: If you need personalized advice about managing your finances, consider consulting a financial advisor.
Online resources: There are many online resources available that can provide you with information and tips about managing your finances and making informed decisions about your transactions.