Yahya,s bank account shows a credit balance of ₦1500,000. He paid ₦1700,000 into the bank. What is his expected balance?

Yahya,s bank account shows a credit balance of ₦1500,000. He paid ₦1700,000 into the bank.

What is his expected balance?

Answer Details

Yahya's bank account initially has a credit balance of ₦1500,000. He then paid ₦1700,000 into the bank. This means that his total credit would be ₦1500,000 (initial credit balance) + ₦1700,000 (new deposit) = ₦3200,000. Therefore, his expected balance is a credit balance of ₦3,200,000. So, the answer is "credit balance of ₦3,200,000".