Mathematics, 24.03.2020 23:56 Jlynbodmer
Lin's sister has a checking account. If the account balance ever falls below zero, the bank charges her a fee of $5.95 per day. Today, the balance in Lin's sister's account is -$2.67.
1. If she does not make any deposits or withdrawals, what will be the balance in her
account after 2 days?
2. In 14 days, Lin's sister will be paid $430 and will deposit it into her checking account.
If there are no other transactions besides this deposit and the daily fee, will Lin
continue to be charged $5.95 each day after this deposit is made? Explain or show
your reasoning.
Answers: 1
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Lin's sister has a checking account. If the account balance ever falls below zero, the bank charges...
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