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Felicia opens a chequing account that charges a monthly maintenance fee of $10.75. She starts her account by depositing $500 at the start of January. At the end of March, how much money will she have in her account? Assume that she does not make any deposits or withdrawals over this time period.

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 Mar 30, 2023
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Felicia opens a chequing account that charges a monthly maintenance fee of $10.75. She starts her account by depositing $500 at the start of January. At the end of March, how much money will she have in her account? Assume that she does not make any deposits or withdrawals over this time period.     

 

End of Month     Maint Fee     Balance     

 

       Jan               10.75            489.25     

       Feb               10.75            478.50     

       Mar               10.75            467.75     

.     

 Jul 21, 2025

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