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You have $1,000 in a savings account and your checking account requires an $800 balance. You are earning 1% on your savings account. If you
You have $1,000 in a savings account and your checking account requires an $800 balance. You are earning 1% on your savings account. If you go below an $800 balance on your checking account, you incur a $5 fee that month. What is the difference between the interest you earn on your savings account and the fee you pay on your checking account each month if you drop below your minimum?
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