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2. Ch04 Financial Planning Exercise 5 eBook Chapter 4 Financial Planning Exercises Calculating the net costs of checking accounts Determine the annual net cost of

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2. Ch04 Financial Planning Exercise 5 eBook Chapter 4 Financial Planning Exercises Calculating the net costs of checking accounts Determine the annual net cost of these checking accounts. A "sign must precede any negative net cost answers. Round your intermediate calculations to two decimal places. a. Monthly fee $10, check-processing fee of 15 cents, average of 33 checks written per month. Round the answer to the nearest cent. b. Annual interest of 3.0% paid it balance exceeds $600, 88 monthly fee if account falls below minimum balance, average monthly balance $690, account falls below $600 the $ Grade it Now Save & Continue Continue without saving

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