Question

Second street bank charges an overdraft fee of $35.00 for insuficient funds transactiond. Malcom's check register showed up balance of $386.49. he had withdrawals of $250.00,$ 36.21, and $94.30. will he had enough money in his account to avoid an insufficient fund charge? Explain in 1-2 sentences.

Answer 1

He will have enough money in his bank to avoid an insufficient fund charge because when you add 250+36.21+94.30 it equals 380.51. He had 386.49 in his account before he withdrawal that money, so he still had money in his account when he got money out.