Question

question 3 of 10
gwen had $463.24 in her checking account, and a check that she wrote to her landlord for $470.00 was just deposited. this will result in which of the following fees?
a. overdraft fee
b. service fee
c. atm fee
d. none of the above

Explanation:

Step1: Calculate new account balance

$\$463.24 + \$470.00 = \$933.24$

Step2: Evaluate balance vs. check amount

The check written is $\$470.00$, and the new balance ($\$933.24$) is greater than the check amount, so no overdraft occurs.

Step3: Match to fee type

None of the listed fees (overdraft, service, ATM) apply here.

Answer:

D. None of the above