Question

Valeria's account went into overdraft. to get back to a positive balance, she deposited money at a steady rate of $35.02 per week. after 3 weeks, she had $62.14 in the account. what was the balance when the account went into overdraft?

Answer 1

To find the overdraft balance, the total deposits made by Valeria ($105.06) was subtracted from her final balance ($62.14), resulting in an overdraft balance of -$42.92.

Step-by-step explanation:

The question is asking to find the balance of Valeria's account when it first went into overdraft. We know that she deposited $35.02 each week for 3 weeks and ended up with a balance of $62.14. To find the initial overdraft amount, we need to subtract three times the weekly deposit from the final balance.

Total deposits = $35.02 per week * 3 weeks = $105.06

Initial overdraft balance = Final balance - Total deposits

Initial overdraft balance = $62.14 - $105.06 = -$42.92

Therefore, when Valeria's account went into overdraft, the balance was -$42.92.