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A bank teller notices that an account was overdrawn and had a balance that can be represented by-324. The account holder then deposited 3 checks for $150 each and made 4 withdrawals of $20 each. The teller used the steps below to find the new balance for the account.

Step 1- start: -$324
Deposits: $150 each
Withdrawals: -$20 each

Step 2- -324+3(150)+4(-20)

Step 3- -324+450-80=46

Step 4- the account is overdrawn by $46

In which step did the teller make the first error?

Step 1
Step 2
Step 3
Step 4

2 Answers

5 votes

Answer:

step 4 it not overdrawn any more it postive 46 not negtive

Explanation:

User Zapnologica
by
5.0k points
5 votes

Answer:

Step 4 : the account is overdrawn by $46

Explanation:

Please see that when an account is in negative figure , we call it overdrawn. but when it is in positive figure we called is in credit.

Here we see from the calculation that the final balance available in the account of teller is $46, hence the account is having positive balance . hence it is not overdrawn.

So the mistake is in last step.

User Rodolphe
by
4.7k points