note: please make sure to properly format your answers. all dollar figures in the answers need to include…

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06)\nqueens meadow bank charges a monthly maintenance fee of $13 and a check writing fee of $0.07 per check or eft. last year, mark made 289 payments from his account at queens meadow. what was the total of all fees he paid on that account last year?

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06)\nqueens meadow bank charges a monthly maintenance fee of $13 and a check writing fee of $0.07 per check or eft. last year, mark made 289 payments from his account at queens meadow. what was the total of all fees he paid on that account last year?

Answer

Explanation:

Step1: Calculate monthly check - writing fee

The check - writing fee per payment is $0.07 and Mark made 289 payments in a month. So the monthly check - writing fee is $0.07\times289 = 20.23$.

Step2: Calculate total monthly fee

The monthly maintenance fee is $13. The total monthly fee is the sum of the monthly maintenance fee and the monthly check - writing fee, so it is $13 + 20.23=33.23$.

Step3: Calculate annual fee

There are 12 months in a year. So the total annual fee is $33.23\times12 = 398.76$.

Answer:

$398.76$