Question

Janet's checking balance was $368. She withdrew $425 from her account. What is her account balance after the withdrawal?

A) $57
B) $793
C) $368
D) $425

Answer 1

Janet's account balance after withdrawing $425 from her initial balance of $368 is -$57, meaning she is overdrawn by $57.

Step-by-step explanation:

The question requires us to determine Janet's account balance after she makes a withdrawal that is more than her current checking balance. Initially, Janet has $368 in her account. She withdraws $425, which means her account goes into negative. To calculate her new balance, we subtract the withdrawal from the initial amount: $368 - $425 = -$57. Therefore, Janet's account balance after the withdrawal would be -$57, which indicates she is overdrawn by $57. This aligns with option (A). It's important to note that this does not take into account any potential overdraft fees or charges that the bank might apply.