Determine the annual net cost of these checking accounts, Ask an Expert

Management Studies

Determine the annual net cost of these checking accounts:

a. Monthly fee $5, check-processing fee of 25 cents, average of 19 checks written per month.

b. Annual interest of 2.5 percent paid if balance exceeds $750, $8 monthly fee if account falls below minimum balance, average monthly balance $815, account falls below $750 during 4 months.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M993155

Have any Question?Write your Review or question?

Related Questions in Business Management

The evolutionary process is one important perspective of

The evolutionary process is one important perspective of strategic management. What is evolutionary process?

Model this situation using a game tablehawk and dovenbsptwo

Model this situation using a game table. Hawk and Dove: Two animals are fighting over some prey. Each can be passive or aggressive. Each prefers to be aggressive if the other is passive, and passive if the other is agg ...

If i had to collect and assess the quality and

If I had to collect and assess the quality and appropriateness of data held by a large, multi-national organization. What steps should I take? How would I address network, security, and ethical considerations when decidi ...

Do you all see health care leadership being only as

Do you all see health care leadership being only as effective as the peripheral support offered to help maintain this elevated level of results? Do you all envision that top level management must be a bit "intrusive" int ...

What does the phrase raise me dont praise me imply about

What does the phrase "raise me don't praise me" imply about the relative effectiveness of financial incentives and recognition for some workers?

Scheduling algorithms are again becoming more important as

Scheduling algorithms are again becoming more important as we look at operating system that run on mobile devices. Are their scheduling algorithms different from those found on traditional interactive system? Compare and ...

What would be examples of valid selection methods used by

What would be examples of valid selection methods used by the human resource department to ensure selecting the appropriate candidate for a job.

Suppose the elasticity of money demand with respect to

Suppose the elasticity of money demand with respect to income is 2/3. If the money supply increases by 10% and output increases by 4.5%, while the real interest rate and the expected inflation rate are unchanged, then th ...

List some possible advantges and disadvantges to the

List some possible advantges and disadvantges to the strategy of locating a company such as turning technolgies outside high tech

What are costcos key success factors ksfs which of the 11

What are Costco's key success factors (KSFs) ? Which of the 11 sociotechnical principles can be seen in Costco?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert