(01.02 mc) maxine had a $54.00 balance in her checking account when a check for $67.00 was cashed. she was…

(01.02 mc) maxine had a $54.00 balance in her checking account when a check for $67.00 was cashed. she was charged an overdraft fee. the next day her paycheck, for $312.61, was direct deposited. determine the overdraft fee if maxines available balance is now $269.61.\n\n$20.00\n$25.00\n$30.00\n$35.00

(01.02 mc) maxine had a $54.00 balance in her checking account when a check for $67.00 was cashed. she was charged an overdraft fee. the next day her paycheck, for $312.61, was direct deposited. determine the overdraft fee if maxines available balance is now $269.61.\n\n$20.00\n$25.00\n$30.00\n$35.00

Answer

Explanation:

Step1: Calculate balance after check is cashed

$54 - 67=- 13$ (dollars)

Step2: Let the overdraft fee be $x$. Set up an equation

$-13 - x+312.61 = 269.61$

Step3: Simplify the left - hand side of the equation

$312.61-13 - x=299.61 - x$

Step4: Solve for $x$

$299.61 - x=269.61$ $x = 299.61-269.61$ $x = 30$

Answer:

$30.00$