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Business, 11.12.2019 13:31 swansondonovanp66got

You have $5,400 to deposit. if you deposit the money in a savings account at your local bank, you will earn 1.49% annual interest and will be able to make atm withdrawals at your bank’s atms. if you deposit the money in an online savings account, you will earn 4.44% annual interest, but you will be charged $5 every time you make an atm withdrawal. assuming that your atm withdrawals do not reduce the amount of interest you earn, roughly how many times a year can you make an atm withdrawal in order for the local savings account to be a better deal than the online savings account? a. 32 b. 27 c. 22 d. 15

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