79. Checking account balance: If the average daily balance in a certain checking account drops below $1000, the bank charges the customer a $7.50 service fee. The table gives the daily balance for one customer. What must the daily balance be for Friday to avoid a service charge? Weekday Balance Monday $1125 Tuesday $850 Wednesday $625 Thursday $400

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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How to solve #79

79. Checking account balance:
If the average daily balance
in a certain checking account
drops below $1000, the bank
charges the customer a $7.50
service fee. The table gives
the daily balance for one
customer. What must the
daily balance be for Friday
to avoid a service charge?
Weekday
Balance
Monday
$1125
Tuesday
$850
Wednesday
$625
Thursday
$400
Transcribed Image Text:79. Checking account balance: If the average daily balance in a certain checking account drops below $1000, the bank charges the customer a $7.50 service fee. The table gives the daily balance for one customer. What must the daily balance be for Friday to avoid a service charge? Weekday Balance Monday $1125 Tuesday $850 Wednesday $625 Thursday $400
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