Question

5

4 points
Suppose your bank charges a $7 monthly fee and $0.11 per check. If you write 62 checks in a year, how much money in fees would you expect to pay for the year? Type out a
calculations and make sure your final answer is clear.

Answer 1

7+0.11x=62
0.11x=55
x= $500

Answer 2

you would pay 440.82 at the end of the year