To determine which checking account has the lowest fees for Wilbur, let’s analyze each of the given accounts based on the provided information:
1. Account A:
- Overdraft fee: \[tex]$40 (per incidence)
- ATM usage/fees: \$[/tex]0 for all ATMs
- Monthly fee: \[tex]$10
- Annual fee: \$[/tex]0
2. Account B:
- Overdraft fee: Not specified for non-direct deposit occurrences
- ATM usage/fees: \[tex]$0 for ABC bank ATMs and \$[/tex]3 for non-ABC bank ATMs
- Monthly fee: \[tex]$0
- Annual fee: \$[/tex]10
3. Account C:
- Overdraft fee: Not specified
- ATM usage/fees: \[tex]$4 per transaction
- Monthly fee: \$[/tex]0
- Annual fee: \[tex]$0
4. Account D:
- Overdraft fee: Not specified
- ATM usage/fees: \$[/tex]3 per transaction
- Monthly fee: \[tex]$0
- Annual fee: \$[/tex]12
Next, let’s identify the costs for each account without considering specific use cases but focusing on the minimum provided fees:
- Account A: Includes an overdraft fee of \[tex]$40, an assumed one incidence of overdraft per year.
- Account B: Includes an annual fee of \$[/tex]10.
- Account C: Assumes no incurred fees without transactions.
- Account D: Includes an annual fee of \[tex]$12.
From the analysis, the most significant fees noted without transactions are:
- Account A: \$[/tex]40 (overdraft fee per incidence)
- Account B: \[tex]$10 (annual fee)
- Account C: \$[/tex]0 (assuming no transactions)
- Account D: \[tex]$12 (annual fee)
The account with the lowest fees is Account C with \$[/tex]0 in fees assuming no transaction fees are incurred.
To summarize, the best checking account for Wilbur with the lowest fees is Account C.
