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24 it is incorrect A bank that provides overdraft protection changes 12 percent for each $100 (or portion of $100) borrowed when an overdraft occurs.

image text in transcribed24 it is incorrect

A bank that provides overdraft protection changes 12 percent for each $100 (or portion of $100) borrowed when an overdraft occurs. a. What amount of interest would the customer pay for an overdraft of $340? (Assume the interest is for the full amount borrowed for a whole year.) (Round your answer to 2 decimal places.) Interest amount $

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