Question

The following transactions, in order, are expected to hit your checking account next month: $30 deposit, $20 withdrawal, $30 withdrawal, $40 deposit, and $50 withdrawal. What is the least amount you can have as a beginning balance without overdrawing the account?

Answer 1

$30

Explanation:

$70 in deposits minus $110 in withdraws. Leaves -$30. So you need $30 to in your account before to no overdraw.

Answer 2

I think the answer is 5$