Workkeys Math 2025 Complete Practice Test

Question: 1 / 400

If you start with a balance of -$425.59 and incur an additional penalty, how do you calculate the total owed?

Add the penalty

When you have a negative balance, it indicates that you owe that amount of money. If you incur an additional penalty, the total amount you owe increases. To find the total owed, you need to add the penalty amount to the existing balance.

For example, if you start with -$425.59 (meaning you are already in debt by that amount) and then get hit with a penalty of, say, $50, you would calculate your total debt as follows:

-425.59 + 50 = -475.59.

This new total reflects the increased debt, taking into account the initial negative balance and the newly added penalty.

Subtracting the penalty or multiplying by interest would not provide the correct amount owed in this scenario, and simply reviewing the account statement does not help in determining the total owed either. Thus, adding the penalty directly to the balance is the correct method to calculate the total amount you owe.

Get further explanation with Examzify DeepDiveBeta

Subtract the penalty

Multiply with interest

Review the account statement

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy