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\begin{tabular}{|c|c|c|c|c|c|}
\hline
& \begin{tabular}{l}
Minimum \\
Balance
\end{tabular}
& Interest
& \begin{tabular}{l}
Overdraft \\
Protection
\end{tabular}
& ATM Fees
& Monthly Fee \\
\hline
A
& \[tex]$500
& 0.1\%
& Yes
& \begin{tabular}{l}
\$[/tex]0 for all \\
ATMs
\end{tabular}
& \[tex]$0 \\
\hline
B
& \$[/tex]250
& 0\%
& No
& \begin{tabular}{l}
\[tex]$0 for ABC \\
bank ATMs
\end{tabular}
& \$[/tex]5 \\
\hline
C
& \[tex]$50
& 0\%
& No
& \begin{tabular}{l}
\$[/tex]2 per \\
transaction
\end{tabular}
& \begin{tabular}{l}
\[tex]$10 or \\
\$[/tex]0 with direct \\
deposit
\end{tabular} \\
\hline
D
& \[tex]$100
& 0.1\%
& No
& \begin{tabular}{l}
\$[/tex]0 per \\
transaction
\end{tabular}
& \begin{tabular}{l}
\[tex]$5 or \$[/tex]0 with \\
direct deposit
\end{tabular} \\
\hline
\end{tabular}

Which checking account would be best for Irma?

A. Account A

B. Account B

C. Account C

D. Account D

Sagot :

GinnyAnswer
To determine which checking account would be best for Irma, let's carefully evaluate the details given for each account:

1. Account A:
- Minimum Balance: \[tex]$500 - Interest: 0.1% - Overdraft Protection: Yes - ATM Fees: \$[/tex]0 for all ATMs
- Monthly Fee: \[tex]$0 - Total Monthly Cost: \$[/tex]0

2. Account B:
- Minimum Balance: \[tex]$250 - Interest: 0% - Overdraft Protection: No - ATM Fees: \$[/tex]0 for ABC bank ATMs
- Monthly Fee: \[tex]$5 - Total Monthly Cost: \$[/tex]5

3. Account C:
- Minimum Balance: \[tex]$50 - Interest: 0% - Overdraft Protection: No - ATM Fees: \$[/tex]2 per transaction
- Monthly Fee: \[tex]$10 or \$[/tex]0 with direct deposit
- Since Irma has direct deposit, the Monthly Fee: \[tex]$0 - Total Monthly Cost: \$[/tex]0

4. Account D:
- Minimum Balance: \[tex]$100 - Interest: 0.1% - Overdraft Protection: No - ATM Fees: \$[/tex]0 per transaction
- Monthly Fee: \[tex]$5 or \$[/tex]0 with direct deposit
- Since Irma has direct deposit, the Monthly Fee: \[tex]$0 - Total Monthly Cost: \$[/tex]0

With the given conditions, we see that the total monthly costs for Accounts A, C, and D are \[tex]$0 each, and for Account B it is \$[/tex]5.

Therefore, the options remaining based on the lowest total monthly cost are Accounts A, C, and D. Considering the other benefits like overdraft protection that Account A provides with no additional cost, Account A would be the best choice for Irma.

Thus, the best checking account for Irma is Account A.
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