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Sagot :
Final answer:
A low minimum balance requirement on a student checking account is essential for students with irregular income to avoid fees and provide overdraft protection.
Explanation:
A low minimum balance requirement on a student checking account is important because it accommodates students who may not have a steady income flow or earn small paychecks. This feature helps them avoid fees associated with not maintaining a high balance. Additionally, the low minimum balance requirement offers overdraft protection, which is beneficial for students.
Learn more about importance of low minimum balance requirement on student checking accounts here:
https://brainly.com/question/28431369
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