Question

Bailey has a checking account that charges a $29 overdraft fee. If she has $27 in her account and uses her debit card for 2 transactions. One for $30 and one for $45. What was her balance? (write like this $12.52)

Answer 1

-$106

Explanation:

Bailey starts with $27 in her account. she did a transaction for $30 which means she over drafted her account by $3 ($27-$30= -$3). since she over drafted she is charged $29 to her account (-$3-$29= -$32). She does another transaction of $45 and since her account is still over drafted that charges her account with another $29 (-$45-$29= -$74). -$32 -$74 = -$106

Answer 2

Bailey's balance would be -$77.