deposits and purchases:\n| day | debit ($) | credit ($) |\n| monday | 194.62 | 35.45 |\n| tuesday | -- |…

deposits and purchases:\n| day | debit ($) | credit ($) |\n| monday | 194.62 | 35.45 |\n| tuesday | -- | 11.20 |\n| wednesday | 145.86 | 24.75 |\n| thursday | 53.35 | 33.80 |\n| friday | 31.60 | 45.77 |\n| saturday | 12.90 | 61.63 |\nanna gets an overdraft fee if her balance at the end of the day is negative. on which day or days does anna get charged an overdraft fee?\ni. wednesday\nii. thursday\niii. friday\na. i only\nb. i and ii\nc. ii and iii\nd. iii only

deposits and purchases:\n| day | debit ($) | credit ($) |\n| monday | 194.62 | 35.45 |\n| tuesday | -- | 11.20 |\n| wednesday | 145.86 | 24.75 |\n| thursday | 53.35 | 33.80 |\n| friday | 31.60 | 45.77 |\n| saturday | 12.90 | 61.63 |\nanna gets an overdraft fee if her balance at the end of the day is negative. on which day or days does anna get charged an overdraft fee?\ni. wednesday\nii. thursday\niii. friday\na. i only\nb. i and ii\nc. ii and iii\nd. iii only

Answer

Explanation:

Step1: Calculate Monday's balance

Let the initial balance be $0$. Monday's balance = $0 + 35.45-194.62=- 159.17$

Step2: Calculate Tuesday's balance

Tuesday's balance = $-159.17+11.20=-147.97$

Step3: Calculate Wednesday's balance

Wednesday's balance = $-147.97 + 24.75-145.86=-269.08$

Step4: Calculate Thursday's balance

Thursday's balance = $-269.08+33.80 - 53.35=-288.63$

Step5: Calculate Friday's balance

Friday's balance = $-288.63+45.77-31.60=-274.46$

Step6: Calculate Saturday's balance

Saturday's balance = $-274.46+61.63-12.90=-225.73$

Since the balance is negative on Monday, Tuesday, Wednesday, Thursday, Friday and Saturday, and the options only consider Wednesday, Thursday and Friday:

Answer:

b. I and II and III