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Interest earnings of 5 percent with a $500 minimum balance; average monthly balance, $720; monthly service charge of $13 for falling below the minimum balance,
Interest earnings of 5 percent with a $500 minimum balance; average monthly balance, $720; monthly service charge of $13 for falling below the minimum balance, which occurs four times a year (no interest earned in these months). (Do not round intermediate calculations. Round your answer to 2 decimal places. Input the amount as a positive value.)
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