Peter made two transactions today at his bank. What would the sum -47.25 + 598 - 550.75 mean in terms of Peter's bank account?
He deposited $47.25 and withdrew $598, decreasing his balance by $550.75
B
He deposited $47.25 and withdrew $598, increasing his balance by $550.75
C
He withdrew $47.25 and deposited $599, decreasing his balance by $550.75.
D
He withdrew $47.25 and deposited $598, increasing his balance by $550.75.