What would be the net annual cost of the following a. Monthly fee, $4.30; processing fee, $0.35 cents per check; checks written, an average of 21 a month. Note: Do not round intermediate calculations. Input the answer as a positive value. Round your final answer to 2 decimal places. Net annual cost b. Interest earnings of 6 percent with a $500 minimum balance; average monthly balance, $700; monthly service charge of $14 for falling below the minimum balance, which occurs three times a year (no interest earned in these months). Note: Do not round intermediate calculations. Input the answer as a positive value. Round your final answer to 2 decimal places. Net annual cost

a. Monthly fee, \$4,30; processing fee, $0.35 cents per check, checks written, an average of 21 a month. Note: Do not round intermediate calculations. Input the answer as a positive value. Round your finat answer to 2 decimal places. b. Interest earnings of 6 percent with a $500 minimum balance; average monthly balance, $700; monthly 5 ervice charge of $14 for falling below the minimum balance, which occurs three times a year (no interest earned in these months) Note: Do not round intermediate calculations. Input the answer as a positive value. Round your final answer to 2 decimal places. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{2}{|l|}{ Assets: } & \multicolumn{2}{|l|}{ Incomen } \\ \hline Checking sccount & $2,800 & Gross monthly salary & $3,750 \\ \hline Bavingil account & $9,200 & Net income & $2,375 \\ \hline Energencyfundlavingsaccount & $4,700 & Monthly Expensesi & \\ \hline IRA balance & $610 & Rent obligation & 5550 \\ \hline Car. & $4,800 & vtilities/Electrie & $110 \\ \hline Liabilities 1 & & utilities/Water & $85 \\ \hline student Ioan & 512,800 & Utilities/cable & $100 \\ \hline (Janie in ntill a full-tine a & tudent, & Food & $225 \\ \hline ao no paytents are required o & so the & Gas/Maintenasce & $230 \\ \hline loan unt 11 after greduation) & & Credit eard payment & 50 \\ \hline AcmeHomeGoodi(Washerforyerandretrigerator) & $2,550 & Acme Bothe Goods & $59 \\ \hline LocalHomePurnithings(Sofamet) & $2,650 & rocal llome Furnishings & $82 \\ \hline Big Box Store ( 52n LED HorV) & $2,050 & Eig bax store & $47 \\ \hline \end{tabular} Automobile, Education, Personal, and Installment Loans Financial Institution or Description Account Number Current Balance Monthly Payment Student loan Charge Accounts and Credit Cards Financial Institution or Description Account Number Current Balance Monthly Payment Acme Home Goods Local Home Furnishings Big Box Store Other Loans (Overdraft Protection, Home Equity, Life Insurance Loan) Financial Institution or Description Account Number Current Balancq Monthly Payment Totals Debt payment-to-income ratio Total monthly debt payments Net (after-tax) income