Total cost of checking account
Determine the annual or yearly net cost of checking account.
Annual interest of 2.5% paid if balance exceeds $750,$8 monthly fee if accounts falls below minimum balance, average monthly balance $815, accounts falls below $750 during 4 months.
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Determine the annual or yearly net cost of checking account. Annual interest of 2.5% paid if balance exceeds $750,$8 monthly fee if accounts falls below minimum balance, average monthly balance $815, accounts falls below $750 during 4 months.
Which method would produce the highest net income for 2011? Which method produces the lowest net income?
What accounts and amounts should be reported in Vane's current-year financial statements for the capital projects fund?
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If the appropriate interest rates are 6 percent for the first year, 8 percent for the second year, and 12 percent for the third year, what is the present value of these cash flows?
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