roses checking account has a balance of -$54. she makes no more withdrawals but deposits $15 per day in her…

roses checking account has a balance of -$54. she makes no more withdrawals but deposits $15 per day in her account over the next five days. on the sixth day, she makes no deposits, but the bank charges a maintenance fee of $5. what is the balance in her account on the sixth day? $16 $26 $124 $134

roses checking account has a balance of -$54. she makes no more withdrawals but deposits $15 per day in her account over the next five days. on the sixth day, she makes no deposits, but the bank charges a maintenance fee of $5. what is the balance in her account on the sixth day? $16 $26 $124 $134

Answer

Explanation:

Step1: Calculate total deposit

She deposits $15 per day for 5 days. So the total deposit is $15\times5 = 75$.

Step2: Calculate balance before fee

The initial balance is - 54. After the deposit, the balance is $-54 + 75=21$.

Step3: Calculate final balance

The bank charges a $5 - fee. So the final balance is $21-5 = 16$.

Answer:

$16$