Question: #7. Hello, I am looking for assistance regarding this question. Please help me better understand. There are two answers needed (Bank A and Bank B)

#7. Hello, I am looking for assistance regarding this question. Please help me better understand. There are two answers needed (Bank A and Bank B)

Please round to nearest cent as needed (Example: $235.42

Dorothy Laymon is considering Mo bank card offers that are the same in all respects except for the following. Bank A charges no annual fee and charges monthly interest of 2.91% on the unpaid balance. Bank B charges a $26 annual fee and montth interest of 1.89% on the unpaid balance. From her recordsr Dorothy has found that the unpaid balance she tends to carry from month to month is quite consistent and averages $920. Estimate her total yearly cost to use the card if she chooses the card from [a1 Bank A (bi Bank B. [:1 Her total yearly cost to use the card if she chooses the card from bank. A is $D. {Rou nd to the nearest Int as needed.)

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