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Calculate the service charges of doing banking using an ATM and Interac purchases during the month. Jill belongs to the BMO bank and used
Calculate the service charges of doing banking using an ATM and Interac purchases during the month. Jill belongs to the BMO bank and used a BMO bank machine to withdraw cash 14 times and to pay bills 6 times. She also withdrew cash from a non-BMO ATM 8 times. She also used her debit card to purchase items 22 times during the month. Jill was unable to maintain a balance above $1500 for the entire month. The account information is given below: Account Information Up to 20 transactions for $7.50 per month and $0.50 for each transaction over 20 $1.50 for each transaction from an non-BMO ATM All BMO based transactions are free if minimum balance of $1500.00 maintained in the account at all times
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Based on the account information provided Jill will incur the following service charges BMO ATM Wit...Get Instant Access to Expert-Tailored Solutions
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