Answered

Find the best solutions to your problems with the help of IDNLearn.com's expert users. Get accurate and comprehensive answers from our network of experienced professionals.

Which of these is an example of an overdraft?

A. Having [tex]$543.11 in your checking account and writing a check for $[/tex]513.98
B. Having [tex]$173.28 in your checking account and writing a check for $[/tex]189.14
C. Having [tex]$301.66 in your checking account and writing a check for $[/tex]278.87
D. Having [tex]$425.92 in your checking account and writing a check for $[/tex]404.07

Sagot :

GinnyAnsweridn
Alright, let's analyze each scenario to determine which one leads to an overdraft. An overdraft occurs when you withdraw more money from your account than what is available.

Let's break down each option:

A. Having [tex]$543.11 in your checking account and writing a check for $[/tex]513.98:
[tex]\[ 543.11 - 513.98 = 29.13 \][/tex]
Since 29.13 is positive, this does not lead to an overdraft.

B. Having [tex]$173.28 in your checking account and writing a check for $[/tex]189.14:
[tex]\[ 173.28 - 189.14 = -15.86 \][/tex]
Since -15.86 is negative, this leads to an overdraft.

C. Having [tex]$301.66 in your checking account and writing a check for $[/tex]278.87:
[tex]\[ 301.66 - 278.87 = 22.79 \][/tex]
Since 22.79 is positive, this does not lead to an overdraft.

D. Having [tex]$425.92 in your checking account and writing a check for $[/tex]404.07:
[tex]\[ 425.92 - 404.07 = 21.85 \][/tex]
Since 21.85 is positive, this does not lead to an overdraft.

Based on this step-by-step analysis, the correct option which leads to an overdraft is:
B. Having [tex]$173.28 in your checking account and writing a check for $[/tex]189.14.
We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Discover the answers you need at IDNLearn.com. Thank you for visiting, and we hope to see you again for more solutions.