Question

Your checking account balance is $225. You received a "bounced" check and your bank has charged you a penalty fee of $35. What percent of your balance did the penalty cost you?

Answer 1

Answer:

15.56%

Step-by-step explanation: Your checking account balance is $225. You received a “bounced” check and your bank has charged you a penalty fee of $35. Hence, the penalty cost 15.56% of your balance