Answer: $15.50
Explanation:
First, we need to find your balanced after writing the check:
$
516.46
−
$
31.96
=
$
484.50
Now to find out how much you need to deposit we need to determine how much under $500 your bank account balance is. We do this by subtracting your current balance from $500:
$
500.00
−
$
484.50
=
$
15.50
You need to deposit at least
$
15.50
to avoid being charged a service fee.