Posted by **Tricia** on Tuesday, August 6, 2013 at 10:21pm.

I am not sure how to solve this problem. Could someone please help and explain the proper steps.

Determine the annual net cost if the

Annual interest of 2.5% is paid if the balance exceeds $750, $8 monthly fee if the account falls below minimum balance $815, account falls below $750 during 4 months

## Answer this Question

## Related Questions

- Algebra - I am not sure how to solve this problem. Could someone please help and...
- Finance - Determine the annual net cost of this checking account? Annual ...
- math - Determine the annual net cost of these checking accounts: a. Monthly fee...
- Accounting - Annual interest of 5% paid if balance exceeds 800, $7 monthly fee ...
- ALGEBRA - An investor has $500 more invested at 7% than he does at 5%..If his ...
- Finance - Loans problem - Can someone please explain how this problem is laid ...
- Math - I posed a problem and no one helped me to see how to solve the problem. I...
- Finance - Your firm is considering the following three alternative bank loans ...
- math - This problem has to do with exponential models. The question says, you ...
- Math-Needing Help Quick! - When Beth finishes college, she has a balance or $...

More Related Questions