A local bank advertises that it offers a free noninterest bearing checking account if the depositor maintains

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A local bank advertises that it offers a free noninterest bearing checking account if the depositor maintains a $500 minimum balance in the account. Is the checking account truly free?

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Survey of Accounting

ISBN: 978-0073379555

2nd edition

Authors: Edmonds, old, Mcnair, Tsay

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