Question

Your checking account is in debt at $20. You use this account to make a $10 purchase. Then, you deposit $38 into the account. What is the balance of the checking account?

Answer 1

Answer:

$8

Step-by-step explanation:

In debt at $20 (like an overdraft) = -20

To make a $10 purchase = -10 on the account

Total debt = -20 + (-10)

                 = -30

You deposit $38 (this is what you added to your account.) = +38

Balance of the checking = -30 + (+38)

                                         = $8

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