Bill has overdrawn his account by $15. There is a $10 service charge for an overdrawn account. If he deposits $60, what is his new balance?

so far, this is what i think it should be like:
is it $55???

  1. 👍 5
  2. 👎 1
  3. 👁 532
  1. What about his overdraw of $15 ?

    his balance would be 60 - 15 -10 = 35

    1. 👍 0
    2. 👎 0
  2. You forgot to subtract the $15 that he's overdrawn.

    He deposits $60. But the bank takes out the $15 plus the $10 service charge.

    $60 - $25 = $35

    1. 👍 0
    2. 👎 0
    Ms. Sue
  3. wait, this means that in the beginning he got more out of his account, which made it -15 in his account

    1. 👍 0
    2. 👎 0
  4. never mind, thx for the help

    1. 👍 0
    2. 👎 1
  5. thank u, i understand it now

    1. 👍 0
    2. 👎 1
  6. ehh

    1. 👍 1
    2. 👎 1
  7. i still don't get it need details

    1. 👍 1
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. pre - CALCULUS

    A gas company has the following rate schedule for natural gas usage in single-family residences: Monthly service charge Per therm service charge 1st 25 therms Over 25 therms $8.80 $0.6686/therm $0.85870/therm What is the charge

  2. american government

    2. which of the following reflects a difference between debate on the House and the Senate floors? A. debate in the senate has very few restraints B. the minority party in the senate manages debate on the floor. C. representatives

  3. finance

    computing checking account balance. based on the following information,determine the true balance in your checking account. balance in your checkbook-$356 balance on bank statement,$472 service charge and other fees, $15 interest

  4. math

    The amount collected per month from a consumer of electrical power consists of two parts- a fixed charge for providing the service and a variable charge which is directly proportional to the number of units of power consumed. An

  1. Algebra 2

    "your long distance service provider charges you $.06 PER minute plus a monthly access fee of 4.95 for referring a friend,you receive $10 service credit this month.if your long-distance bill is 7.85,how many long-distance minute

  2. Math

    Anika's checking account had a balance of $3,100.55 on July 1. After looking at her bank statement, she noticed an NSF for $60.50, a service charge of $12.55, and a note collected for $600. There was one deposit in transit for

  3. Mathematics

    An electicity company charges per quarter as follows: a fixed charge of #50 and a charge of #3.50 per unit of current used (a) calculate the charge for 460 units of electricity (b) If VAT of 5% is paid on the bill, calculate the

  4. Accounting

    Please prepare the following journal entries. Indicate which account should be debited and which account should be credited along with the dollar amount of the debit and credit. a) Investors invested $100,000 in exchange for

  1. Algebra

    Mary’s yard is a mess. She needs to hire someone to prune her trees and shrubs. A landscaping service she calls quotes her a price of $15 consultation fee plus $8 an hour for the actual work. Mary’s neighbor has offered to

  2. MATH

    The account balance on April 1st is $60.15. On April 15th a payment of $51.00 is made. On April 25th a purchase of $91.27 is made. What is the finance charge if the annual rate is 18%? What is the new account balance? Finance

  3. algebra

    your internet provider offers two different plans. one plan costs $0.02 per email plus a $9 monthly service charge. the other plan costs $0.05 per email with no service charge. write a system of equations to model the cost of the

  4. Fianancial Accounting

    I am trying to prepare an unadjusted trial balance for Aqua Elite, Inc. I have done it twice and it doesnt balance. I am not sure I am doing the right calculations. The information is as follows: Because Aqua Elite, Inc. is a new

You can view more similar questions or ask a new question.