Question

The table shows the monthly fees for checking accounts at two banks. Bank F -nis K Checking Account Fees at Two Banks Monthly Fee $8 when the average daily balance is less than $500; no fee when it is $500 or more $12 when the average daily balance is less than $750; no fee when it is $750 or more Which statement is best supported by the information in the table? A The fee at Bank K will be greater than the fee at Bank F whenever the average daily balance is less than $750. The fee at Bank K will always be less than the fee at Bank F. (c The fee at Bank K will always be greater than the fee at Bank F. The fee at Bank K will be less than the fee at Bank F only when the average daily balance of $750 is maintained.​

Answer 1

Explanation:

The best-supported statement by the information in the table is:

C. The fee at Bank K will always be greater than the fee at Bank F.

This is because for any given average daily balance, Bank K has a higher fee than Bank F. For example, for an average daily balance of less than $500, Bank F charges $8 while Bank K charges $12. Similarly, for an average daily balance between $500 and $750, Bank F charges no fee while Bank K charges $12. Therefore, the fee at Bank K will always be greater than the fee at Bank F.