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

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