Frank has $66.50 in his account on sunday. over the next week, he makes the following changes to his balance via deposits and purchases: (day debit ($) credit ($)) monday 60.33 80.75 tuesday 54.45 wednesday 49.20 15.00 thursday 35.40 friday 16.85 75.00 saturday 80.56 on what day does frank first get charged an overdraft fee?

a. wednesday

b. thursday

c. friday

d. saturday

A the correct answer on Edgen.

Step-by-step explanation:

On what day does Frank first get charged an overdraft fee?

a. Wednesday

b. Thursday

c. Friday

d. Saturday

Wednesday

Step-by-step explanation:

On Sunday Frank has $66.50 on his account.

On Monday, He made a debit of $60.33 (66.50 - 60.33) and then had a balance of $6.17. On that same Monday, He credited the account with $80.75 (6.17 + 80.75). He ended Monday with a balance of $86.92

On Tuesday, Frank has a balance of $86.92, he then made a debit of $54.45 (86.92 - 54.45). He then has a balance of $32.47

On Wednesday, Frank started the day with a balance of $32.47, he then made a debit of $49.20 (32.47 - 49.20). After the debit, Frank will be charged for overdraft because he have overdrawn and has a balance of - $16.73 Even after making a deposit of $15.00 Frank is still having negative balance.

So Frank get charged overdraft fee on Wednesday.