ABC Savings and Loan charges a monthly fee of $10 on checking accounts and an overdraft protection fee of $35. Kendra's check register showed that she had a balance of $490 when she wrote a check for $285. Three days later she realized that her check register had an error and she actually only had $225. So she transferred $350 into her checking account. The next day, her monthly account statement was sent to her. What was the balance on her statement?

ABC Savings and Loan charges a monthly fee of $10 on checking accounts and an overdraft protection fee of $35. Kendra's check register showed that she had a balance of $490 when she wrote a check for $285. Three days later she realized that her check register had an error and she actually only had $225. So she transferred $350 into her checking account. The next day, her monthly account statement was sent to her. What was the balance on her statement?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter5: Managing Checking And Savings Accounts

Section: Chapter Questions

Problem 3DTM

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