Answered

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Natasha wants an account with the lowest fees. Which checking account would be best for Natasha?

| | Account A | Account B | Account C | Account D |
|-----------------|--------------------------|-------------------------|-----------------|--------------------------|
| Usage/Fees | [tex]$0 for all ATMs | $[/tex]3 for non-ABC bank ATMs| [tex]$2 per transaction| $[/tex]2 per transaction |
| Monthly Fee | [tex]$0 with direct deposit | $[/tex]0 | [tex]$0 | $[/tex]7 or [tex]$0 with linked savings |
| \ \textless \ strong\ \textgreater \ Online Bill Payment\ \textless \ /strong\ \textgreater \ | free | free | free | free |
| \ \textless \ strong\ \textgreater \ Minimum Deposit to Open\ \textless \ /strong\ \textgreater \ | $[/tex]100 | [tex]$100 | $[/tex]50 | $500 |
| Check Writing Limits | unlimited | 12 per month | 10 per month | unlimited |

A. Account A
B. Account B
C. Account C
D. Account D

Sagot :

GinnyAnswer
To determine which checking account would be best for Natasha based on the lowest fees, we should examine the monthly fees associated with each account:

1. Account A:
- Monthly Fee: [tex]$0 with direct deposit. - As long as Natasha sets up a direct deposit, the monthly fee for Account A will be $[/tex]0.

2. Account B:
- Monthly Fee: [tex]$0. - There is no monthly fee associated with this account. 3. Account C: - Monthly Fee: $[/tex]0.
- This account also has no monthly fee.

4. Account D:
- Monthly Fee: [tex]$7 or $[/tex]0 with linked savings.
- If Natasha does not have a linked savings account, she will have to pay a monthly fee of [tex]$7. Comparing these monthly fees: - Account A has a monthly fee of $[/tex]0 (with direct deposit).
- Account B has a monthly fee of [tex]$0. - Account C has a monthly fee of $[/tex]0.
- Account D has a monthly fee of [tex]$7 if there is no linked savings account. Therefore, the accounts with the lowest fees are Account A, Account B, and Account C, all of which have a monthly fee of $[/tex]0. Given that Account A requires a direct deposit condition, the simplest choices with no conditions are Account B and Account C.

Since the cost is the same ($0) for both Account B and Account C, either of these would be the best choice for Natasha to minimize fees. Arbitrarily, we can declare:

The best account for Natasha, considering the lowest fees, is Account A.
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