Question

Lilly has a checking account. If the account balance ever falls below zero, the blank charges her a fee of $5.95 per day. Today, the balance in Lilly’s account is $-2.67.

A. Lilly's account balance is negative.
B. Lilly will be charged a fee of $5.95 per day.
C. Lilly's current balance is -$2.67.
D. The fee for having a negative balance is $5.95 per day.

Answer 1

Lilly's account balance is negative and she will be charged a fee of $5.95 per day for having a negative balance.

Step-by-step explanation:

Lilly's account balance is negative (-$2.67), which means her current balance falls below zero. Since the account balance is negative, she will be charged a fee of $5.95 per day. Hence, both options A and B are correct. The fee for having a negative balance is indeed $5.95 per day, so option D is also correct.