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Debora Acocella has an overdraft protection line Assume that her October 2015 statement showed a latest new balance of $862 If the line had a minimum monthly payment requirement of 5 percent of

Debora Acocella has an overdraft protection line. Assume that her October 2015 statement showed a latest (new) balance of $862. If the line had a minimum monthly payment requirement of 5 percent of the latest balance (rounded to the nearest $5 figure), then what would be the minimum amount that she’d have to pay on her overdraft protection line?
 

May 17 2020 View more View Less

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