The overdraft fee is calculated to be $30.00 if Maxine's available balance is now $269.61.
As she had a balance of $54 in her account and a check of $67 was cashed we can calculate the amount that will be deducted from her next deposit as;
$67 - $54 = $13
In addition to these $13, an overdraft fee will also be deducted.
As she deposited $312.61 the next day and the available balance now is $269.61, an algebraic expression can be written as;
312.61 - 13 - x = 269.61
Here x represents the overdraft fee
312.61 - 13 = 269.61 + x
269.61 + x = 299.61
x = 299.61 - 269.61
x = $30
Therefore, the overdraft fee is calculated to be $30.
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