Answer:
Kindly check explanation
Step-by-step explanation:
Given that :
Balance prior to statement date = - 3.46
Minimum bank balance to avoid penalty = $10
The amount of deposit, d made in time in other to avoid penalty fee?
Minimum amount that most have been deposited, d :
Balance prior to statement + d ≥ minimum bank balance to avoid penalty
-3.46 + d ≥ 10
d ≥ 10 + 3.46
d ≥ 13.46
Hence, the minimum amount that must have been deposited to avoid penalty is 13.46
