Question

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

Explanation:

An overdraft fee is charged when an account balance goes negative due to purchases (spending more than available funds). A monthly maintenance fee is for account upkeep, a check cashing fee is for cashing checks, and an ATM fee is for ATM usage—none relate to a negative balance from purchases.

Answer:

B. overdraft fee