Sure! Let's analyze and complete the table using the model provided for Bank B. For this exercise, we will focus on the values relevant for Bank B and clearly state the steps involved. We'll fill in the given model for Bank B accurately in the table.
### Bank B Detailed Calculation:
1. Basic Fee ×12:
- Monthly Basic Fee: [tex]$9.95
- Annual Basic Fee: \(9.95 \times 12 = 119.40\)
2. Bill Paying Fee ×12:
- Monthly Bill Paying Fee: $[/tex]5.95
- Annual Bill Paying Fee: [tex]\(5.95 \times 12 = 71.40\)[/tex]
3. Checks Written - Limit:
- Monthly Limit: 20 checks
- Actual Checks Written: 35 checks
- Checks Over Limit: [tex]\(35 - 20 = 15\)[/tex]
4. Column 4 × Cost per bill ×12:
- Extra Checks Written: 15
- Cost Per Extra Check: [tex]$1
- Annual Cost for Extra Checks: \(15 \times 1 \times 12 = 180\)
5. Annual Total:
- Annual Total Costs: \(119.40 + 71.40 + 180 = 370.80\)
Now, let's complete and fill in the table for Bank B, ensuring everything aligns with the provided detailed steps.
### Completed Table for Bank B:
```latex
\begin{tabular}{|l|l|l|l|l|l|}
\hline Bank & Basic fee $[/tex]\times[tex]$ 12 & \begin{tabular}{l}
Bill Paying Fee $[/tex]\times[tex]$ 12
\end{tabular} & \begin{tabular}{l}
Checks Written - \\
Limit
\end{tabular} & \begin{tabular}{l}
Column 4 $[/tex]\times[tex]$ Cost per bill $[/tex]\times[tex]$ 12
\end{tabular} & \begin{tabular}{l}
Annual \\
Total
\end{tabular} \\
\hline B. & \begin{tabular}{l}
$[/tex]\[tex]$ 9.95 \times 12=$[/tex] \\
[tex]$\$[/tex] 119.40[tex]$
\end{tabular} & \begin{tabular}{l}
$[/tex]\[tex]$ 5.95 \times 12=$[/tex] \\
[tex]$\$[/tex] 71.40[tex]$
\end{tabular} & $[/tex]35-20=15[tex]$ & $[/tex]15 \times \[tex]$ 1 \times 12=\$[/tex] 180.00[tex]$ & $[/tex]\[tex]$ 370.80$[/tex] \\
\hline
\end{tabular}
```
From this result, we observe that Bank B's annual total includes the basic fee, the bill paying fee, and the cost associated with extra checks exceeding the monthly limit, culminating in an annual amount of $370.80.
