Question

HELP ME PLEASE!!!!!! I'M IN A RUSH!!! THANKS. Kipp signed up for overdraft protection at his bank. This bank charges an overdraft fee of $25 for insufficient funds. Kipp had a balance of $104. He then used his bank debit card to buy some new clothes. If the total charge for the clothes was $112, what is Kipp’s new balance?

A- -$8 (negative number)
B- -$33 (negative number)
C- $17
D- $8

Answer 1

Assuming Kipp had $129 BEFORE the bank charged an overdraft fee, the answer is negative $8.

Explanation:

Kipp started with $129.

He was charged $25 by the bank, thus making his bank account balance: $104.

Kipp uses his debit card to buy clothes, which cost $112.

After the overdraft fee, he had $104.

After purchasing the clothing, he had -$8.

Therefore, Kipp has -$8 in his bank account

I hope this helped! :)

I apologize if I misunderstood the question.