Question 8 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT
The bank processes the transactions from largest to smallest: $65.39, $30.64, $28.60, then $8.53. After the $65.39 cable bill, Dwayne has $29.74 left, so each of the remaining three transactions overdraws the account. Together those overdrafts total $38.03, which is within the bank’s $50 limit, so all three transactions go through and each incurs a fee. The answer is C, 3.
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