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Computing Checking Account Balance. Based on the following information, determine the true balance in your checking account. (See the related Financial Literacy Calculations feature.) Balance

Computing Checking Account Balance. Based on the following information, determine the true balance in your checking account. (See the related Financial Literacy Calculations feature.)

Balance in your checkbook, $356 Balance on bank statement, $472 Service charge and other fees, $15 Interest earned on the account, $4 Total of outstanding checks, $187 Deposits in transit, $60 Thanks

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