Joley is opening her first checking account as a teenager. She doesn’t have a job, so most of the income will be presents from b

Question

2 years ago

15

Joley is opening her first checking account as a teenager. She doesn’t have a job, so most of the income will be presents from b

irthdays and holidays. Bank A has a $8 monthly charge. Bank B charges 2% of the balance. Which account balance below will result in bank B being a better financial choice?
A. $300

B. $450

C. $800

D. $900

Mathematics

1 answer:

Stella [2.4K] · Answer 1 · 2022-12-01T12:02:38+03:00

Stella [2.4K]2 years ago

3 0

The answer is A. The reason for this is because 2% of $300 is $6. Since 6 is less than 8, the answer is A.