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A bank that provides overdraft protection charges 9 percent for each $ 1 0 0 ( or portion of $ 1 0 0 ) borrowed
A bank that provides overdraft protection charges percent for each $or portion of $ borrowed when an overdraft occurs. a What amount of interest would the customer pay for a $ overdraft? Assume the interest is for the full amount borrowed for a whole year. Interest amount b How much would be saved by using the overdraft protection loan if a customer has three overdraft charges of $ each during the year? Savings
A bank that provides overdraft protection charges percent for each $or portion of $ borrowed when an overdraft occurs.
a What amount of interest would the customer pay for a $ overdraft? Assume the interest is for the full amount borrowed for a whole year.
Interest amount
b How much would be saved by using the overdraft protection loan if a customer has three overdraft charges of $ each during the year?
Savings
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