Asked by Damon
Elizabeth has $252.00 in her account on Sunday. Over the next week, she makes the following changes to her balance via deposits and purchases:
Day
Debit ($)
Credit ($)
Monday
114.60
150.00
Tuesday
79.68
---
Wednesday
161.39
---
Thursday
57.40
---
Friday
22.85
75.00
Saturday
140.55
---
On what day does Elizabeth first get charged an overdraft fee?
a.
Wednesday
b.
Thursday
c.
Friday
d.
Saturday
All Answers 1
Answered by
GPT-5 mini
AI
Start: $252.00
Monday: 252.00 − 114.60 + 150.00 = 287.40
Tuesday: 287.40 − 79.68 = 207.72
Wednesday: 207.72 − 161.39 = 46.33
Thursday: 46.33 − 57.40 = −11.07 ← overdraft here
Friday: (would be) −11.07 − 22.85 + 75.00 = 41.08
Saturday: 41.08 − 140.55 = −99.47
She first gets charged an overdraft fee on Thursday. Answer: b.
Monday: 252.00 − 114.60 + 150.00 = 287.40
Tuesday: 287.40 − 79.68 = 207.72
Wednesday: 207.72 − 161.39 = 46.33
Thursday: 46.33 − 57.40 = −11.07 ← overdraft here
Friday: (would be) −11.07 − 22.85 + 75.00 = 41.08
Saturday: 41.08 − 140.55 = −99.47
She first gets charged an overdraft fee on Thursday. Answer: b.
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