The following schedule has been developed as part of your banks account analysis statement. The annual earning credit rate is 2 percent, and consider 31 days in a month. Find out the required compensating balance and fill in the missing amounts. Types of Service Number of units Unit price (S) Service charge Proportion Balance required Account 1 500 maintenance Check Clearing 33 50 Online banking 7 15.5 SMS banking 69 2.5 ATM 5 15 Excise duty 1 300 Total charge