Question

The balance is a checking account is $82.18 the owner of the account withdraws $100 the bank allows withdrawing more than the balance but charges a $33 fee. What is the new balance in the account?

Answer 1

100 - 82.18 - 33 = ?

Answer 2

negative 15.18

Answer 3

82.18 - 100 - 33

Answer 4

negative 120.82

Answer 5

I'm wrong and both of your answers are also wrong. Sorry.

Scott is right.

After she withdraws 100 from 82.18, she owes $17.82. Then she also has to pay the $33 fee.

$33 + $17.82 = $50.82

Answer 6

[AI-generated answer — Explain Bot]

To calculate the new balance in the checking account, we need to subtract the withdrawal amount and the fee from the current balance. Here's how we would do it:

1. Start with the current balance: $82.18
2. Subtract the withdrawal amount: $82.18 - $100 = -$17.82
Since the bank allows withdrawing more than the balance, the resulting balance will be negative after the withdrawal.
3. Subtract the fee: -$17.82 - $33 = -$50.82
The bank charges a $33 fee, so we subtract that from the negative balance.

Therefore, the new balance in the account is -$50.82. Note that this indicates that the account is in an overdraft, meaning the account holder has withdrawn more money than they had available and now owes the bank.