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Determine the balances labelled as A and B on the statement. Write down as a unit ratio the ATM withdrawal on 3/8 to the cash deposit made on the same day.
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Part 4.1· 2 steps
To determine the balances labelled A and B
Calculate balance A.
Balance A is the balance after an ATM withdrawal of R300.00 on 3/8. The previous balance was R1,324.98.
Calculate balance B.
Balance B is the balance after a Medical Aid refund of R765.56 on 4/8. The previous balance was R3,839.00.
The balances are:
- A = R1,024.98
- B = R4,604.56
Part 4.2· 3 steps
To write the ATM withdrawal on 3/8 to the cash deposit on the same day as a unit ratio
Identify the values for the ATM withdrawal and cash deposit on 3/8.
ATM withdrawal on 3/8 = R300.00
Cash deposit on 3/8 = R3,000.00Form the ratio.
Simplify the ratio to a unit ratio by dividing both sides by the smaller value (300).
The unit ratio of the ATM withdrawal on 3/8 to the cash deposit made on the same day is 1 : 10.
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