Question

John's bank account was overdrawn. The status of his account was − $162. He did not realize the problem and wrote another check for $78. The bank charged him a $24 fee for being overdrawn.What was the new status of John's account at this point?

Answer 1

The initial status of John's bank account was -$162.

After he wrote a check for $78 and being charged in $24 for being overdrawn, the new status is - 162 - 78 - 24 = -$264