QuestionAugust 18, 2025

Samantha has 400 in her bank account and spends 450 at a clothing store Which fee will Samantha likely be charged by the bank? ATM fee Annual fee Overdraft fee Transaction fee

Samantha has 400 in her bank account and spends 450 at a clothing store Which fee will Samantha likely be charged by the bank? ATM fee Annual fee Overdraft fee Transaction fee
Samantha has 400 in her bank account and spends 450 at a clothing store Which fee will Samantha likely be charged by the bank?
ATM fee
Annual fee
Overdraft fee
Transaction fee

Solution
4.4(210 votes)

Answer

Overdraft fee Explanation 1. Identify the situation Samantha spends more than she has in her account, leading to a negative balance. 2. Determine applicable fee When an account goes negative, banks typically charge an **overdraft fee**.

Explanation

1. Identify the situation<br /> Samantha spends more than she has in her account, leading to a negative balance.<br />2. Determine applicable fee<br /> When an account goes negative, banks typically charge an **overdraft fee**.
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