you recently had a few purchases that caused your account balance to turn negative. as a result, your bank…
you recently had a few purchases that caused your account balance to turn negative. as a result, your bank charged you a fee. what fee were you most likely charged? choose 1 answer: a monthly maintenance fee b check cashing fee c overdraft fee d atm fee
Answer
Brief Explanations:
When account balance goes negative due to purchases, an overdraft fee is charged as the bank covers the amount over the available balance. Monthly maintenance fee is for account - keeping, check - cashing fee is for cashing checks, and ATM fee is for using ATMs.
Answer:
C. overdraft fee