John Has Overdraft Protection Which Has a Fee of Five

Multiple Choice

John has overdraft protection which has a fee of five dollars per use and a 21 percent annual interest charge. This month John's unexpected car expense caused his account to become overdrawn by $1200 for two weeks until his pay cheque was deposited. What was the total expense for John? NSF fees at his bank are $35.

A) $35.00
B) $257.00
C) $14.67
D) $9.67