Carla Esposito has an overdraft protection line. Assume that her October 2010 statement showed a latest (new)
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Carla Esposito has an overdraft protection line. Assume that her October 2010 statement showed a latest (new) balance of $862. If the line had a minimum monthly payment requirement of 5% of the latest balance (rounded to the nearest $5 figure), then what would be the minimum amount she’d have to pay on her overdraft protection line?
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Related Book For 
Personal Financial Planning
ISBN: 9781439044476
12th Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
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