John Has Overdraft Protection Which Has a Fee of Five

question 81

Multiple Choice

John has overdraft protection which has a fee of five dollars per use and a 21 percent annual interest charge.NSF fees at his bank are $35.This month John's unexpected car expense caused his account to become overdrawn by $1200 for 14 days until his pay cheque was deposited.What was the total expense for John in this circumstance?

• A)$35.00
• B)$70.00
• C)$14.67
• D)$9.67

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Definitions:

Endorphin Antagonists

Substances that block the action of endorphins, natural pain-relieving compounds in the body, often used in research to understand pain pathways.

Immediate Pain

The experience of pain that occurs directly following an injury or other harmful stimulus.

Opiate Drug

A category of drugs derived from opium, used for their pain-relieving properties, but also known for their high potential for addiction and abuse.

Sensation Of Pleasure

A positive feeling or state of happiness and satisfaction derived from fulfilling experiences or the engagement of enjoyable stimuli.