The amount of calvin’s starting balance for the next month will be C. $625.91.
<h3>How to calculate the amount?</h3>
From the information given, the monthly percentage rate will be:
= 14.75/12
= 1.22%
Therefore, the amount of calvin’s starting balance for the next month will be $625.91.
In conclusion, the correct option is C.
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Max will be missing $1.78 in his account. Is that one of the fee choices?
