Question

Malik had a checking account balance of $92.18. His bank will fund the first debit card purchase that creates a negative balance up to a limit of $100.00, but charges a

$28.00 fee for that overdraft. Malik made a purchase of $36.12 yesterday, and another purchase of $76.50 today. He used a debit card for each purchase. What is Malik's
account balance after the two purchases and any overdraft fees?
negative $140.62
negative $20.44
O negative $112.62
O negative $48.44

Answer 1

Negative 48.44 is the answer

Answer 2

combining both purchases of $36.12 and $76.50 comes to $112.62, subtracting the amount he had already in his account his account now becomes -$20.44. since it is a negative balance the fee of $28.00 is added which makes his account balance now -$48.44.
hope this helps!