Question

Jason wants to open a checking account with a ​$100 deposit. Jason believes he will write 15 checks per month and use other​ banks' ATMs eight times a month. He will not be able to maintain a minimum balance. Which bank should Jason​ choose?

Answer 1

Hillsboro Bank

Step-by-step explanation:

Jason has 4 banks to choose from:

Hillsboro First National Trust South Sun Coast

15 checks $3 $8 $0 $7.50

8 ATM's $4 $12 $12 $12

no minimum $6 $7 $11 $2.50

total $13 $27 $23 $22

Jason should choose Hillsboro bank because his total monthly fees will be lower.