In order to calculate the minimum amount required, we will first round
the below-minimum-balance fee to $10. Next, we will use the equation:
A = I * (IR)^n, where A is the amount after n years and I is the initial investment and IR is the interest rate per year.
10 = I*(0.0001)^1
I = $100,000
$100,000 must be in the account to cover the minimum fees.
Answer:
this is a required answer.
P a p a party party p q p w party
For 6 hours charges $330
for 9 hours charges x
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x = 9*330/6 = 495 so choice C. is right