Calculating Xavier Updated Bank Balance

Question:

Xavier’s bank account shows a balance of $20 but has not yet factored in a pending $37 purchase for a sketchbook. What should his updated balance be?

To calculate Xavier’s updated bank account balance, we need to subtract the pending purchase from his current balance.

Answer Description:

Xavier’s bank account currently shows a balance of $20. However, there is a pending purchase of $37 for a sketchbook that hasn’t been deducted yet. To find his updated balance, subtract the pending amount of $37 from the current balance of $20:

20-37 = -17

Xavier’s updated balance would be -17 dollars. This means his account will be overdrawn by $17 once the purchase is processed, indicating he might need to deposit more money to cover the negative balance and avoid any overdraft fees.