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If a demand deposit account does not pay interest, has $18.69 in transaction costs charges, $10.15 in fees, an average balance of $8,750, and 5%
If a demand deposit account does not pay interest, has $18.69 in transaction costs charges, $10.15 in fees, an average balance of $8,750, and 5% float, 10% Reserve Requirement, what is the net cost of the deposit?
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