Determine the annual net cost of these checking accounts: Monthly fee $5, check-processing fee of 25 cents, average of 19 checks written per month....

Determine the annual net cost of these checking accounts:a. Monthly fee $5, check-processing fee of 25 cents, average of 19 checks written per month. (5 points)b. Annual interest of 2.5 percent paid if balance exceeds $750, $8 monthly fee if account falls below minimum balance, average monthly balance $815, account falls below $750 during 4 months. (10 points)