Questions: John's bank account was overdrawn. The status of his account was -223. He did not realize the problem and wrote another check for 48. The bank charged him a 18 fee for being overdrawn. What was the new status of John's account at this point?

John's bank account was overdrawn. The status of his account was -223. He did not realize the problem and wrote another check for 48. The bank charged him a 18 fee for being overdrawn.

What was the new status of John's account at this point?

Transcript text: John's bank account was overdrawn. The status of his account was $-\$ 223$. He did not realize the problem and wrote another check for $\$ 48$. The bank charged him a $\$ 18$ fee for being overdrawn. What was the new status of John's account at this point?

Solution

Solution Steps

To find the new status of John's account, we need to add the amounts of the check and the fee to the initial overdrawn balance. This will give us the updated account balance.

Step 1: Initial Balance

John's initial account balance is given as $ -223 $.

Step 2: Check Amount

He wrote a check for $ 48 $. This amount will further decrease his account balance, so we represent this as $ -223 - 48 $.

Step 3: Overdraft Fee

The bank charged him an overdraft fee of $ 18 $. We need to subtract this fee from the current balance, leading to the expression $ -223 - 48 - 18 $.

Step 4: Calculate New Balance

Now, we calculate the new balance: \[ -223 - 48 - 18 = -289 \]