Question

Kayla has $37.99 in her checking account. she uses her debit card to make purchases of $26.29 and $22.98 which overdraws her account. her bank charges her account an overdraft fee of $25.00. She then deposits her paycheck for $55.07 from her part time job. what is the balance in her account?

Answer 1

Aye itz just me, this is the solution:

Initial balance = $ 37.99

Purchase 1 = ($ 26.29)

Purchase 2 = ($ 22.98)

Overdraft fee = ($ 25.00)

Deposit = $ 55.07

______________________

New balance = 37.99 - 26.29 - 22.98 - 25 + 55.07

New balance = $ 18.82