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25 May, 08:36

Azmirs checking account pays 0.75% intrest monthly and has $7.50 service fee. if his balance last month was $825 find the amount of debit or credit to his account after intrest and the service fee are both applied

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  1. 25 May, 11:56
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    Hi there

    0.75% interest of 825

    Interest=825*0.0075=6.19

    Service fee=7.5

    Net=interest-service fee

    Net=7.50-6.19=+1.31

    Credit of + 1.31

    Good luck!
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