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Business, 16.07.2019 22:30 junior2461
You deposit a $100 check from a friend in your account. a couple of days later, you buy $45.20 worth of groceries and pay with a check. two days later you receive a note from the bank stating that your friend’s check bounced and you owe the bank a $25 fee. since your friend's check bounced, your account balance was actually $100 less than you thought it was, and the check you wrote to the grocery store bounced. guess what? the bank debited your account another $25 for bouncing the check. it gets worse. the next day you receive a letter from the grocery store that you owe them $25 in fees for the bad check and that you have to pay the original $45.20 with a money order that will cost you $1. calculate how much you actually spent for your groceries.
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You deposit a $100 check from a friend in your account. a couple of days later, you buy $45.20 worth...
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