Determine the annual net cost of these checking accounts. If the result is a net cost, a "-" sign must preceed your answer.

1. Monthly fee $5, check-processing fee of 20 cents, average of 32 checks written per month. Round the answer to the nearest cent.

2. Annual interest of 4.0% paid if balance exceeds $900, $12 monthly fee if account falls below minimum balance, average monthly balance $1,135, account falls below $900 during 2 months. Round the answer to the nearest cent.