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R&R Savings Bank finds that its basic transaction account, which requires a $ 1 0 0 0 minimum balance, costs this savings bank an average
R&R Savings Bank finds that its basic transaction account, which requires a $ minimum balance, costs this savings bank an average of $ per month in servicing costs including labor and computer time and $ per month in overhead expenses. The savings bank also tries to build in a $ per month profit margin on these accounts.
What monthly fee should the bank charge each customer?
$
$
$
$
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