Question

My bank account is overdrawn and has a balance of -$13.00. I get paid $254.60. How much money do I have now?

Answer 1

After adding the paycheck of $254.60 to the overdrawn bank account balance of -$13.00, the new bank account balance will be $241.60.

Step-by-step explanation:

The student has a bank account balance of -$13.00 and receives a paycheck of $254.60. To find out how much money they have now, we simply need to add the paycheck amount to the negative balance to offset the overdraft.

Here is the calculation step-by-step:

1. Start with the negative balance, which is -$13.00.
2. Add the paycheck amount of $254.60 to the negative balance.
3. The calculation will be $254.60 + (-$13.00) = $241.60.

After depositing the paycheck and covering the overdraft, the student will have $241.60 in their bank account.