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). queens 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). queens 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 the annual maintenance fee

The monthly maintenance fee is $13. There are 12 months in a year, so the annual maintenance fee is $13\times12$. $13\times12 = 156$

Step2: Calculate the payment - related fee

The fee per payment is $0.07, and the number of payments is 289. So the payment - related fee is $0.07\times289$. $0.07\times289=20.23$

Step3: Calculate the total fees

Add the annual maintenance fee and the payment - related fee together. $156 + 20.23=176.23$

Answer:

$176.23$