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Mathematics, 18.07.2019 05:00 tinsey

Saul harrington is trying to decide between two banks. he plans to maintain a balance of $2000 in his checking account. bank a offers 0.2% interest per month, with no monthly fee. bank a bank charges 2 cents per check. bank b offers 0.5% interest, but charges a $2.00 per month fee. bank b charges 6 cents per check. compare the two banks. what is the earnings at the break even point for the two banks? a. -$2.00 b. -$1.00 c. $1.00 d. $2.00

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