John Has Overdraft Protection Which Has a Fee of Five

question 99

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

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Definitions:

Physical Fitness

A state of health and well-being achieved through regular physical activity, diet, and adequate rest, contributing to the body's ability to function effectively and efficiently.

Obligatory Exerciser

An individual who feels compelled to engage in physical exercise frequently and intensely, often due to psychological factors.

Mastery

The process of acquiring complete knowledge or skill in a subject or activity.

Single-minded Commitment

An unwavering focus and dedication towards achieving a specific goal, often disregarding distractions or obstacles.