Answer:
[tex]-\$120[/tex]
Step-by-step explanation:
We have been given that Frances has no money in her checking account. She writes 3 checks for $35 each.
The amount drawn from the account would be [tex]3\times \$35=\$105[/tex].
The amount after imposing $15 penalty would be [tex]\$105+\$15=\$120[/tex].
Since Frances has no money in her checking account initially, so she will have a debt of [tex]-\$120[/tex].
Therefore, she has [tex]-\$120[/tex] in her account now.