From an Analysis on Its Deposits,a Bank Determines That Account

Multiple Choice

From an analysis on its deposits,a bank determines that account processing and other operating expenses cost the bank $4.45 per month.The bank has also determined that non-operating expenses on its deposits are $1.15 per month.It has also decided that it wants a profit of $0.45 on its deposits.What monthly fee should the bank charge on its deposit accounts?

A) $6.05
B) $5.60
C) $5.15
D) $4.45
E) None of the options is correct