What is the annual net cost

Reference no: EM13186507

checking account with a 5.5% annual interest rate if the balance exceeds 1000.00. there is an 8.00 monthly fee is the balance falls below 1000.00. the average monthly balance is 1160.00. the account fell below the minimum balance 4 months. What is the annual net cost?

Reference no: EM13186507

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What is the annual net cost : checking account with a 5.5% annual interest rate if the balance exceeds 1000.00. there is an 8.00 monthly fee is the balance falls below 1000.00. the average monthly balance is 1160.00. the account fell below the minimum balance 4 months. What is..

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