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ron's checking account pays 0.75% interest monthly and a $7.50 service fee, total balance last month was $825, find the amount of credit or debit to the account after interest and service fees are both applied.

ronaldrusseythyes  Mar 20, 2017
edited by ronaldrusseythyes  Mar 20, 2017
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Interest  =  825 * .0075  = $6.19

 

Service charge  = $7.50

 

7.50  - 6.19   = $1.31 (debit)

 

 

cool cool cool

CPhill  Mar 20, 2017

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