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\begin{tabular}{|c|c|c|c|c|}
\hline
\begin{tabular}{c}
ATM \\
Usage/Fees
\end{tabular} & \begin{tabular}{c}
[tex]$\$[/tex] 0[tex]$ for all ATMs \\
$[/tex]\[tex]$ 3$[/tex] for non-ABC \\
bank ATMs
\end{tabular} & \begin{tabular}{c}
[tex]$\$[/tex] 3[tex]$ per \\
transaction
\end{tabular} & \begin{tabular}{c}
$[/tex]\[tex]$ 25$[/tex] per \\
transaction
\end{tabular} \\
\hline
\begin{tabular}{c}
Monthly Fee
\end{tabular} & \begin{tabular}{c}
[tex]$\$[/tex] 10[tex]$ or \\
$[/tex]\[tex]$ 0$[/tex] with direct \\
deposit
\end{tabular} & [tex]$\$[/tex] 0[tex]$ & $[/tex]\[tex]$ 0$[/tex] & \begin{tabular}{c}
[tex]$\$[/tex] 7[tex]$ or $[/tex]\[tex]$ 0$[/tex] with \\
linked savings
\end{tabular} \\
\hline
\begin{tabular}{c}
Online Bill \\
Payment
\end{tabular} & free & free & free & free \\
\hline
\begin{tabular}{c}
Minimum \\
Deposit to \\
Open
\end{tabular} & [tex]$\$[/tex] 100[tex]$ & $[/tex]\[tex]$ 100$[/tex] & [tex]$\$[/tex] 50[tex]$ & $[/tex]\[tex]$ 500$[/tex] \\
\hline
\begin{tabular}{c}
Check Writing \\
Limits
\end{tabular} & unlimited & 12 per month & 10 per month & unlimited \\
\hline
\end{tabular}

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

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

Sagot :

GinnyAnswer
To determine which checking account would be best for Jana, considering the lowest fees, we need to analyze the fee structures of each account.

Let's break it down step by step:

1. Account A:
- ATM Usage/Fees: [tex]$0 for all ATMs, $[/tex]3 for non-ABC bank ATMs.
- Monthly Fee: [tex]$10 or $[/tex]0 with direct deposit.
- Transaction Fee: [tex]$3 per transaction. - Other features: Unlimited check writing, free online bill payment. - Minimum Deposit to Open: $[/tex]100.

2. Account B:
- ATM Usage/Fees: [tex]$0 for all ATMs, $[/tex]3 for non-ABC bank ATMs.
- Monthly Fee: [tex]$0. - Transaction Fee: $[/tex]3 per transaction.
- Other features: Unlimited check writing, free online bill payment.
- Minimum Deposit to Open: [tex]$100. 3. Account C: - ATM Usage/Fees: $[/tex]25 per transaction.
- Monthly Fee: [tex]$0. - Transaction Fee: $[/tex]25 per transaction.
- Other features: 10 checks per month, free online bill payment.
- Minimum Deposit to Open: [tex]$50. 4. Account D: - ATM Usage/Fees: $[/tex]7 per transaction or [tex]$0 with linked savings. - Monthly Fee: $[/tex]0.
- Transaction Fee: [tex]$7 per transaction if no linked savings, otherwise $[/tex]0.
- Other features: Unlimited check writing, free online bill payment.
- Minimum Deposit to Open: [tex]$500. ### Analysis: - Monthly Fees: - Account A has a monthly fee of $[/tex]10 unless there’s a direct deposit, which reduces it to [tex]$0. - Account B has no monthly fee. - Account C has no monthly fee. - Account D has no monthly fee but requires a linked savings account to avoid the $[/tex]7 per transaction fee.

- ATM and Transaction Fees:
- Accounts A and B have [tex]$0 fees for ATMs within their network and $[/tex]3 for non-ABC bank ATMs. Both also have [tex]$3 per transaction. - Account C has a high transaction fee of $[/tex]25, making it one of the least favorable options.
- Account D has a [tex]$7 fee per transaction if not linked with savings, otherwise $[/tex]0. This includes ATM usage as part of the transaction fee structure.

### Conclusion:
Among the four accounts, Account B stands out as the best option for Jana. Here are the reasons:
- No monthly fee regardless of conditions.
- [tex]$0 for network ATMs, $[/tex]3 for non-ABC ATMs, and $3 per transaction, which is a straightforward fee structure.
- Unlimited check writing is also a bonus compared to Account C's limit of 10 per month.

Hence, the best checking account for Jana, considering the lowest overall fees, is Account B.
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