Conrad Savings Bank Has a $50 Overdraft Fee

Conrad Savings Bank has a $50 overdraft fee.On Friday,Mr.McQuire deposited his paycheck of $468.92 for a total account balance of $712.34.The next morning,his wife wrote a check for $1,267.45 for a new refrigerator and stove.The check cleared the bank by the end of the day.What is the current balance in the McQuires' account?

A) -$798.53
B) -$605.11
C) -$555.11
D) -$405.11

Correct Answer:

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