Practice Test 9

A bank account starts at $-\$12.50$ (overdraft). A deposit of $\$35.00$ is made, then a purchase of $\$18.40$ is charged. After that, the account is charged a fee of $\tfrac{1}{5}$ of the remaining balance. What is the final balance? (Round to the nearest cent.)

A student has $\$$20.00$ on a lunch card. They buy lunch for $\$$6.75$, then they add $\$$12.50$. After that, a school fee of $\tfrac{2}{5}$ of the current balance is taken out. How much money is left? (Round to the nearest cent.)