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Sauron [17]
3 years ago
15

Russ' checking account charges an $11.25 monthly service fee and a $0.22 per-check fee. If Russ writes 14 checks per month, shou

ld he switch to a checking account that charges a $14.50 monthly service fee and no per-check fee?
Mathematics
2 answers:
Reptile [31]3 years ago
5 0

The total amount that present account charges is the sum of the monthly service fee and the total per check fee.

The monthly service fee is $11.25

The per check fee is $0.22. Therefore, the total check fee for 14 checks will be 14\times 0.22=3.08 dollars.

Therefore the total amount that the present account charges is 11.25+3.08=14.33 dollars.

As can be clearly seen, this is still less than the second option of a checking account that charges a $14.50 monthly service fee and no per-check fee. Therefore, Russ should <u>not</u> he switch to a checking account that charges a $14.50 monthly service fee and no per-check fee.


masya89 [10]3 years ago
3 0
Yes,because that is $3.03 higher than what he is receving right now so that will be an accelent option:)
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