a customer at first community credit union uses their banks atm three times during the month. while…

a customer at first community credit union uses their banks atm three times during the month. while traveling, they use an out - of - network atm once. after paying their electric bill, their balance drops below $0 until their next paycheck gets deposited into their account. what will be their total fees for the month? first community credit union: minimum balance: $0 monthly maintenance fee: $0 atm fee: $0 for in - network, $2 for out - of - network overdraft fee: $25 for each occurrence wire transfer fee: $10 for domestic transfers, $20 for international transfers techcentral online bank: minimum balance: $0 monthly maintenance fee: $0 atm fee: $0 for in - network, $4 for out - of - network overdraft fee: $40 for each occurrence wire transfer fee: $15 for domestic transfers, $25 for international transfers citywide bank: minimum balance: $500 monthly maintenance fee: $10 atm fee: $0 for in - network, $2 for out - of - network overdraft fee: $25 for each occurrence wire transfer fee: $15 for domestic transfers, $25 for international transfers

a customer at first community credit union uses their banks atm three times during the month. while traveling, they use an out - of - network atm once. after paying their electric bill, their balance drops below $0 until their next paycheck gets deposited into their account. what will be their total fees for the month? first community credit union: minimum balance: $0 monthly maintenance fee: $0 atm fee: $0 for in - network, $2 for out - of - network overdraft fee: $25 for each occurrence wire transfer fee: $10 for domestic transfers, $20 for international transfers techcentral online bank: minimum balance: $0 monthly maintenance fee: $0 atm fee: $0 for in - network, $4 for out - of - network overdraft fee: $40 for each occurrence wire transfer fee: $15 for domestic transfers, $25 for international transfers citywide bank: minimum balance: $500 monthly maintenance fee: $10 atm fee: $0 for in - network, $2 for out - of - network overdraft fee: $25 for each occurrence wire transfer fee: $15 for domestic transfers, $25 for international transfers

Answer

Explanation:

Step1: Identify applicable fees

The customer uses out - of - network ATM three times. At First Community Credit Union, the out - of - network ATM fee is $5 per occurrence. The balance drops below $0, but there is no monthly maintenance fee ($0) and no overdraft as there is no mention of insufficient funds for transactions.

Step2: Calculate total ATM fees

Since the out - of - network ATM fee is $5 per use and the customer uses it 3 times, the total fee is $5×3. $5×3 = 15$

Answer:

$15$