Question: Problem 4-12 (LO4.4) A bank that provides overdraft protection charges 13 percent for each $100 (or portion of $100) borrowed when an overdraft occurs a.

Problem 4-12 (LO4.4) A bank that provides overdraft protection charges 13 percent for each $100 (or portion of $100) borrowed when an overdraft occurs a. What amount of interest would the customer pay for an overdraft of $460? (Assume the interest is for the full amount borrowed for a whole year.) (Round your answer to 2 decimal places.) nterest amount References eBook & Resources

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