Question

Lola received $522.50 when she cashed her paycheck. Why is this important to us?

Because you can also cash a check at a bank if you have an account there.

If you have a checking account, you can write and mail a check to pay your bills. The bank will withdraw the money from your account.

As long as you have enough money in your account (as much or more than what you're trying to cash), you can cash a check and get money back immediately.

You can deposit money into a savings account. A savings account is a good way to save your money and earn money called interest.

Banks also offer electronic services. You can use these services even when the bank is closed.

Some banks have more than one branch or office. Use the branch closest to you if you are in a different town or state. All branches will have access to your account information.

Monica cashed her paycheck at Ready Cash. The fee at Ready Cash to cash a check is 10% of the amount of the check. Her paycheck was $538. how much was the fee for Monica to cash her paycheck

Answer 1

$53.8.

Explanation:

10% of $538 is like saying 538 times .10. After you multiply, you get $53.8 as the fee that Monica had to pay.