Question: Question 4 (2 points) What would be the net annual cost of the following checking account? Monthly fee : $9.45 Processing fee: $0.80 per check

Question 4 (2 points) What would be the net annual cost

Question 4 (2 points) What would be the net annual cost of the following checking account? Monthly fee : $9.45 Processing fee: $0.80 per check Checks written: Average of 67 a month Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response. Your Answer: Answer Question 5 (1 point) A few years ago, Michael Tucker purchased a home for $137000. Today the home is worth $158000. His remaining mortgage balance is $63000. Assuming Michael can borrow up to 74 percent of the market value of his home, what is the maximum amount he can borrow? Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response. Your Answer: ARVO

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