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Author Question: If a bank provides overdraft protection at a rate of 12% for each $100 (or portion of $100) borrowed ... (Read 28 times)

kfurse

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If a bank provides overdraft protection at a rate of 12% for each $100 (or portion of $100) borrowed when an overdraft occurs, what amount of interest would a customer pay for a $188 overdraft?


◦ $24.00
◦ $22.56
◦ $10.56
◦ $12.00


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Marked as best answer by kfurse on Apr 13, 2019

moormoney

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