Sue's bank account has a balance of $899.83 before she starts spending money. She makes the following transactions:

Transaction Cost ($)

Rent 353.76

Video game 32.79

Bike maintenance 60.26

Jacket 55.62

Rug 80.40

Night out 35.77

Sue is considering splitting the cost of a new TV with her roommate. Her share would be $305.22. Can Sue afford this? a. Yes, she can make the purchase and have money left over. b. Yes, but doing so will clear out her account. c. No, making that purchase will overdraw her account. d. No, she is overdrawn already.

The correct answer is:

c) No, making that purchase will overdraw her account.

Explanation:

Her beginning balance is $899.83. After her first transaction, rent for $353.76, she has 899.83-353.76 = $546.07.

After her second transaction, a video game for $32.79, she has $546.07-$32.79=$513.28.

After her third transaction, bike maintenance for $60.26, she has $513.28-$60.26 = $453.02.

After her fourth transaction, a jacket for $55.62, she has $453.02-$55.62=$397.40.

After her fifth transaction, a rug for $80.40, she has $397.40-$80.40=$317.

After her last transaction, a night out for $35.77, she has $317-$35.77=$281.23.

She does not have $305.22 to put towards the television; if she takes this out she will overdraw her account.

C. No, making that purchase will overdraw her account