Question

On Monday your bank account balance was -$12.58. Because you didn't realize this you wrote a $30.72 check. A. What is the new balance in your checking account? B. The bank charges a $25 fee for paying a check on a negative balance. What is the balance in your checking account after this fee? C. How much money do you need to deposit to bring your account balance back up to $0 after the fee?

Answer 1

The balance in your checking account would be -$68.30 with the fee included.
You would need to deposit 68.30 to bring your account back to $0.