Which of these is an example of an overdraft?

A. Having [tex]$543.11 in your checking account and writing a check for $[/tex]513.98
B. Having [tex]$173.28 in your checking account and writing a check for $[/tex]189.14
C. Having [tex]$301.66 in your checking account and writing a check for $[/tex]278.87
D. Having [tex]$425.92 in your checking account and writing a check for $[/tex]404.07



Answer :

Alright, let's analyze each scenario to determine which one leads to an overdraft. An overdraft occurs when you withdraw more money from your account than what is available.

Let's break down each option:

A. Having [tex]$543.11 in your checking account and writing a check for $[/tex]513.98:
[tex]\[ 543.11 - 513.98 = 29.13 \][/tex]
Since 29.13 is positive, this does not lead to an overdraft.

B. Having [tex]$173.28 in your checking account and writing a check for $[/tex]189.14:
[tex]\[ 173.28 - 189.14 = -15.86 \][/tex]
Since -15.86 is negative, this leads to an overdraft.

C. Having [tex]$301.66 in your checking account and writing a check for $[/tex]278.87:
[tex]\[ 301.66 - 278.87 = 22.79 \][/tex]
Since 22.79 is positive, this does not lead to an overdraft.

D. Having [tex]$425.92 in your checking account and writing a check for $[/tex]404.07:
[tex]\[ 425.92 - 404.07 = 21.85 \][/tex]
Since 21.85 is positive, this does not lead to an overdraft.

Based on this step-by-step analysis, the correct option which leads to an overdraft is:
B. Having [tex]$173.28 in your checking account and writing a check for $[/tex]189.14.