Jessie wants to open a checking account to pay bills. She wants a starter book of checks, plus free online bill payment services
. She analyzes the following statements of fees from Good Bank and Great Bank.
Based upon past experience, Jessie expects to accidentally overdraft the account about 3 times per year, unfortunately all in the same month, due to unexpected charges and miscommunications. She expects no 2nd copies of statements, and to use network ATMs 4 times per month with either bank. Based on the tables of fees, which bank can be reasonably expected to cost Jessie the least amount in fees per year?
a.
Good Bank will have the least amount in fees per year.
b.
Great Bank will have the least amount in fees per year.
c.
Good Bank and Great Bank would have the same costs for Jessie.
d.
The fees can simply not be estimated in advance, so no decision should be made.
Please select the best answer from the choices provided
A
B
C
D
Based upon past experience, Jessie expects to accidentally overdraft the account about 3 times per year, unfortunately all in the same month, due to unexpected charges and miscommunications. She expects no 2nd copies of statements, and to use network ATMs 4 times per month with either bank. Based on the tables of fees, which bank can be reasonably expected to cost Jessie the least amount in fees per year?
a.
Good Bank will have the least amount in fees per year.
b.
Great Bank will have the least amount in fees per year.
c.
Good Bank and Great Bank would have the same costs for Jessie.
d.
The fees can simply not be estimated in advance, so no decision should be made.
Please select the best answer from the choices provided
A
B
C
D
2 answers:
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The answer is:
The slope is: 4
The y-intercept is: 3
The explanation is shown below:
1. The slope intercept form of the linear equation is:
Where is the slope and
is the y-intercept.
2. Therefore, you must solve for <em>y</em>, as following: