Question

you recently made a few purchases that brought your account balance to zero. as a result, your bank charged you a fee.
what fee were you most likely charged?
choose 1 answer:
a) overdraft fee
b) monthly maintenance fee
c) check cashing fee
d) atm fee

Explanation:

An overdraft fee is charged when an account balance goes negative (or in this case, after purchases bring it to zero and potentially cause a negative balance situation). A monthly maintenance fee is a regular monthly charge, not related to purchases causing zero balance. A check cashing fee is for cashing checks, not related to account balance. An ATM fee is for using an ATM, not related to account balance from purchases. So the most likely fee is the overdraft fee.

Answer:

A. overdraft fee