Your bank account balance is -20.85. you deposit $15.50. What is your new balance?
-20.85 + 15.50 = -5.35
To find the new balance after depositing $15.50, you need to add the deposit amount to your current balance.
First, let's understand the concept of a negative balance. A negative balance indicates that you owe money or have an outstanding debt. In this case, your balance is -20.85, which means you owe $20.85 to the bank.
To calculate the new balance, you add the deposit amount of $15.50 to your current balance of -20.85:
-20.85 + 15.50 = -5.35.
Therefore, your new balance after depositing $15.50 would be -$5.35.