Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

Exercise 72

CHECKING Charges Use the table on page to find the monthly checking-account service charge for the following accounts. (See Example.)
Finding the Checking-Account Service Charge
Find the monthly service charge for the following business accounts.
(a) Omni Computer, 38 checks written, average balance $983
Based on the average balance of $983, the maintenance charge is $7.50 and the per-check charge is $.20.

(b) Jamison Auto Repair, 62 checks written, average balance $4632.25
Based on the average balance, the maintenance charge is $5.00 and the per-check charge is $.10.

The calculator solutions to this example use chain calculations, with the calculator observing the order of operations.
(a)
15.1
(b)
11.2
Note: Refer to Appendix B for calculator basics.
Budget Dry Cleaning, 48 checks, average balance $1763 __________