10) ridgewood savings bank charges a $27 per check overdraft protection fee. on july 8, nancy had $1,400
in her account. over the next four days, the following checks arrived for payment at her bank: july 9,
$1,380.15; july 10, $670 and $95.67; july 11, $130; and july 12, $87.60. how much will she pay in
overdraft protection fees? how much will she owe the bank after july 12?

1.$108

2.$3559.75

Step-by-step explanation:

The Bank charges $27 per check overdraft protection fee.

Balance on July 8= $1400

Check received July 9=$1380.15

Check received July 10=$670

Check received July 11=$130

Check received July 12=$87.60

Total amount in check received= $ (1380.15+670+130+87.60)=$2267.75

Check charges for 4 checks received= 4*$27=$108

1. Amount to pay on overdraft fee= $108

2. Amount she will owe the bank after July 12 will be;

   $1400 + $2267.75 -$108 =$3559.75