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Annual interest of 4.0% paid if balance exceeds $900, $12 monthly fee if account falls below minimum balance, average monthly balance $1,135, account falls below
Annual interest of 4.0% paid if balance exceeds $900, $12 monthly fee if account falls below minimum balance, average monthly balance $1,135, account falls below $900 during 2 months. Round the answer to the nearest cent. Determine the annual net cost
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