Question: Problem 4-11 (L04.4) What would be the net annual cost of the following checking accounts? a. Monthly fee: $3.50: processing fee, 30 cents per check,

Problem 4-11 (L04.4) What would be the net annual cost of the following checking accounts? a. Monthly fee: $3.50: processing fee, 30 cents per check, checks written, an average of 15 a month. (Round your answer to 2 decimal places. Input the amount as a positive value.) No anual cost b. Interest earnings of 3 percent with a $450 minimum balance; average monthly balance, $900; monthly service charge of $ 11 for falling below the minimum balance, which occurs five times a year (no interest earned in these months). (Do not round intermediate calculations. Round your answer to 2 decimal places. Input the amount as a positive value.) here to search O GO B0- Problem 4-11 (L04.4) What would be the net annual cost of the following checking accounts? a. Monthly fee: $3.50: processing fee, 30 cents per check, checks written, an average of 15 a month. (Round your answer to 2 decimal places. Input the amount as a positive value.) No anual cost b. Interest earnings of 3 percent with a $450 minimum balance; average monthly balance, $900; monthly service charge of $ 11 for falling below the minimum balance, which occurs five times a year (no interest earned in these months). (Do not round intermediate calculations. Round your answer to 2 decimal places. Input the amount as a positive value.) here to search O GO B0

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