Question

question 4 of 10
the checking account fees for banks a, b, c, and d are shown in the table below.
if a customer writes 26 checks per month, which bank will charge him the least in fees?
a. bank b
b. bank d
c. bank a
d. bank c

Explanation:

Step1: Calculate Bank A total fee

$\$7.50 + (26 \times \$0.25) = \$7.50 + \$6.50 = \$14.00$

Step2: Calculate Bank B total fee

$26 \times \$0.50 = \$13.00$

Step3: Calculate Bank C total fee

$\$12.50$

Step4: Calculate Bank D total fee

$\$10.00 + (26 \times \$0.10) = \$10.00 + \$2.60 = \$12.60$

Step5: Compare all total fees

$\$14.00 > \$13.00 > \$12.60 > \$12.50$
Bank A has the lowest total fee.

Answer:

C. Bank A