Final answer:
Without specific information about Elizabeth's account and transactions, it's impossible to determine the day she first gets charged an overdraft fee. An understanding of what an overdraft is and how checks are processed by stores is key for such financial questions.
Step-by-step explanation:
The provided question 'On what day does Elizabeth first get charged an overdraft fee?' is focused on determining the day on which an overdraft fee is applied to Elizabeth's account. To answer this question, it's critical to understand what an overdraft is. An overdraft occurs when an individual's bank account balance goes below zero, resulting in a negative balance. When this happens, the bank may charge an overdraft fee unless the account holder has overdraft protection.
However, based on the provided information, the question cannot be accurately answered as there is no specific data relating to Elizabeth's transactions or account balance. To accurately determine on which day Elizabeth incurs an overdraft fee, details about her account's starting balance, the timing and amount of her transactions, and whether she had sufficient funds each day to cover any deductions are necessary.
For future reference, stores that receive payments in the form of checks get the money by depositing the check into their bank account. The bank then processes the check and transfers funds from the payer's account to the store's account, assuming the payer has sufficient funds.