Apex Bank checking accounts pay 0.4% interest on all balances and charge the following fees: Check fees: For balances of $500 or more: No charge for checks For balances under $500: $0.025 per check   Service fees: For balances over $500: No service charge For balances $200 to $499.99: Service charge of $4/month For balances less than $200: Service charge of $6/month   Using the information given, fill out the table below       Thank you

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.5: Percent Of Change
Problem 1C
icon
Related questions
Topic Video
Question

Apex Bank checking accounts pay 0.4% interest on all balances and charge the following fees:

Check fees:
For balances of $500 or more:
No charge for checks
For balances under $500:
$0.025 per check
 
Service fees:
For balances over $500:
No service charge
For balances $200 to $499.99:
Service charge of $4/month
For balances less than $200:
Service charge of $6/month
 
Using the information given, fill out the table below
 
 
 
Thank you
 
Total
Write
Cost
Total
amount
No. of
Service
"Earned"
cost for
checks
Balance
Interest
earned
per
check
checks
charge
or
or
"Charged"
charged
5. $650
6. S150
7. $400
20
16
18
Transcribed Image Text:Total Write Cost Total amount No. of Service "Earned" cost for checks Balance Interest earned per check checks charge or or "Charged" charged 5. $650 6. S150 7. $400 20 16 18
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Discrete Probability Distributions
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell