10) Ridgewood Savings Bank charges a $27 per check overdraft protection fee. On July 8, Nancy had $1,400

in her account. Over the next four days, the following checks arrived for payment at her bank: July 9,

$1,380.15; July 10, $670 and $95.67; July 11, $130; and July 12, $87.60. How much will she pay in

overdraft protection fees? How much will she owe the bank after July 12?

1.$108

2.$3559.75

Step-by-step explanation:

The Bank charges $27 per check overdraft protection fee.

Balance on July 8 = $1400

Check received July 9=$1380.15

Check received July 10=$670

Check received July 11=$130

Check received July 12=$87.60

Total amount in check received = $ (1380.15+670+130+87.60) = $2267.75

Check charges for 4 checks received = 4*$27=$108

1. Amount to pay on overdraft fee = $108

2. Amount she will owe the bank after July 12 will be;

$1400 + $2267.75 - $108 = $3559.75