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xz_007 [3.2K]
3 years ago
15

Jason wants to open a checking account with a ​$100 deposit. Jason believes he will write 15 checks per month and use other​ ban

ks' ATMs eight times a month. He will not be able to maintain a minimum balance. Which bank should Jason​ choose?

Business
1 answer:
anastassius [24]3 years ago
8 0

Answer:

Hillsboro Bank

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

<u>no minimum          $6                   $7                      $11                   $2.50    </u>

total                       $13                  $27                    $23                  $22

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

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