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OpenStudy (anonymous):
Referring to the equation for earnings on a checking account (I = rB – sx – f), where r = 0.0075, B = $1,000, s = 0, f = $2.00, and the bank charges the service fee (f) to all customers, regardless of their balance; then what is the customer earnings for the month if she maintains a minimum balance of $1,000? A. $4.25 B. $5.50 C. $6.75 D. $7.25
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