Question

Sarah is charged a 1.25% fee every time she cashes her paycheck at the store. If Sarah's paychecks are $1,645 per month, how much would she save in a year if she cashed her checks at the bank, where there is no fee?

$24,675


$2,467.50


$246.75


$20.56

Answer 1

$2,467.5

Explanation:

each paycheck she pays $205.625 in fees

multiply that by 12