Question

Kipp signed up for overdraft protection at his bank. This bank charges an overdraft fee of $25 for insufficient funds. Kipp had a balance of $104. He then used his bank debit card to buy some new clothes. If the total charge for the clothes was $112, what is Kipp’s new balance?

A- -$8 (negative number)
B- -$33 (negative number)
C- $17
D- $8

Answer 1

B

Explanation:

Answer 2

B- -$33 (negative number)

Explanation:

Arithmetic

When a situation requires direct calculation over known numbers, using operations like addition, subtraction, multiplication, and division

This problem will be solved by using logic relations and basic arithmetic operations. Kipp signed up for overdraft protection at his bank which means he can spend more than he actually has in his bank account. But the bank charges him $25 for insufficient funds.

Given the fact that he has $104 in his account and spent $112 to buy some new clothes, it's an $8 overdraft. The bank allowed him to complete the purchase, but his new balance will be

-$8 - $25 = -$33

The correct answer is

B- -$33 (negative number)