'ools Attempts 0 2. Ch04 Financial Planning Exercise 5 eBook Chapter 4 Financial Planning Exercise 5 Calculating the net costs of checking accounts $ Keep the Highest 0/2 Determine the annual net cost of these checking accounts. A "-" sign must precede any negative net cost answers. Round your intermediate calculations to two decimal places. a. Monthly fee $4, check-processing fee of 30 cents, average of 15 checks written per month. Round the answer to the nearest cent. $ b. Annual interest percent paid if balance exceeds $900, $5 monthly fee if account falls below minimum balance, average monthly balance $985, account falls below $900 during 7 months. Round the answer to the nearest cent. Grade it Now Save & Continue

Tinancial Manaing fxercise 5 Calculating the net costs of checking accosunts 5 months. Round the answer to the nearest cent. 5