To calculate your new balance after the deposit, you start with your current balance and add the amount you are depositing.
- Your current balance is -$6.55 (this means you are overdrawn by $6.55).
- You deposit $21.75.
Now, you add the deposit to your current balance:
\[ \text{New Balance} = \text{Current Balance} + \text{Deposit} \] \[ \text{New Balance} = -6.55 + 21.75 \]
To carry out the calculation:
- Start by combining the numbers:
- Convert -$6.55 to a positive value for ease of calculation: $21.75 - $6.55
- This is the same as subtracting 6.55 from 21.75:
- $21.75 - $6.55 = $15.20
So, the new balance is $15.20.
This means after depositing $21.75 into your account, you not only cover the overdrawn amount but also have a positive balance of $15.20.