Question

Idris had $59.00 in his bank account. He made a purchase at the hobby store and received an email that he had been charged a $35.00 overdraft fee and that his current balance is negative $39.00. How much did Idris spend at the hobby store? (1 point)

a) $15.00
b) $55.00
c) $63.00
d) $79.00

Answer 1

Idris spent $63.00 at the hobby store. The correct answer is option (c).

Step-by-step explanation:

To determine how much Idris spent at the hobby store, we can set up an equation using the information given. Idris started with $59.00 in his bank account and was charged a $35.00 overdraft fee, resulting in a balance of negative $39.00. To find out how much he spent, we can subtract the overdraft fee from the initial balance:

$59.00 - $35.00 = $24.00

Purchase amount + Overdraft fee - Initial balance = Negative balance

Purchase amount = Negative balance + Initial balance - Overdraft fee

Purchase amount = (-$39.00) + $59.00 - $35.00

Purchase amount = $20.00 - $35.00

Purchase amount = $63.00

Thus, Idris spent $63.00 at the hobby store. The correct answer is option (c).