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\begin{tabular}{|c|c|c|c|c|}
\hline
\begin{tabular}{c}
ATM \\
Usage/Fees
\end{tabular} & \begin{tabular}{c}
[tex]$\$[/tex] 0[tex]$ for all ATMs \\
$[/tex]\[tex]$ 3$[/tex] for non-ABC \\
bank ATMs
\end{tabular} & \begin{tabular}{c}
[tex]$\$[/tex] 3[tex]$ per \\
transaction
\end{tabular} & \begin{tabular}{c}
$[/tex]\[tex]$ 25$[/tex] per \\
transaction
\end{tabular} \\
\hline
\begin{tabular}{c}
Monthly Fee
\end{tabular} & \begin{tabular}{c}
[tex]$\$[/tex] 10[tex]$ or \\
$[/tex]\[tex]$ 0$[/tex] with direct \\
deposit
\end{tabular} & [tex]$\$[/tex] 0[tex]$ & $[/tex]\[tex]$ 0$[/tex] & \begin{tabular}{c}
[tex]$\$[/tex] 7[tex]$ or $[/tex]\[tex]$ 0$[/tex] with \\
linked savings
\end{tabular} \\
\hline
\begin{tabular}{c}
Online Bill \\
Payment
\end{tabular} & free & free & free & free \\
\hline
\begin{tabular}{c}
Minimum \\
Deposit to \\
Open
\end{tabular} & [tex]$\$[/tex] 100[tex]$ & $[/tex]\[tex]$ 100$[/tex] & [tex]$\$[/tex] 50[tex]$ & $[/tex]\[tex]$ 500$[/tex] \\
\hline
\begin{tabular}{c}
Check Writing \\
Limits
\end{tabular} & unlimited & 12 per month & 10 per month & unlimited \\
\hline
\end{tabular}

Jana wants an account with the lowest fees. Which checking account would be best for Jana?

A. Account A
B. Account B
C. Account C
D. Account D


Sagot :

To determine which checking account would be best for Jana, considering the lowest fees, we need to analyze the fee structures of each account.

Let's break it down step by step:

1. Account A:
- ATM Usage/Fees: [tex]$0 for all ATMs, $[/tex]3 for non-ABC bank ATMs.
- Monthly Fee: [tex]$10 or $[/tex]0 with direct deposit.
- Transaction Fee: [tex]$3 per transaction. - Other features: Unlimited check writing, free online bill payment. - Minimum Deposit to Open: $[/tex]100.

2. Account B:
- ATM Usage/Fees: [tex]$0 for all ATMs, $[/tex]3 for non-ABC bank ATMs.
- Monthly Fee: [tex]$0. - Transaction Fee: $[/tex]3 per transaction.
- Other features: Unlimited check writing, free online bill payment.
- Minimum Deposit to Open: [tex]$100. 3. Account C: - ATM Usage/Fees: $[/tex]25 per transaction.
- Monthly Fee: [tex]$0. - Transaction Fee: $[/tex]25 per transaction.
- Other features: 10 checks per month, free online bill payment.
- Minimum Deposit to Open: [tex]$50. 4. Account D: - ATM Usage/Fees: $[/tex]7 per transaction or [tex]$0 with linked savings. - Monthly Fee: $[/tex]0.
- Transaction Fee: [tex]$7 per transaction if no linked savings, otherwise $[/tex]0.
- Other features: Unlimited check writing, free online bill payment.
- Minimum Deposit to Open: [tex]$500. ### Analysis: - Monthly Fees: - Account A has a monthly fee of $[/tex]10 unless there’s a direct deposit, which reduces it to [tex]$0. - Account B has no monthly fee. - Account C has no monthly fee. - Account D has no monthly fee but requires a linked savings account to avoid the $[/tex]7 per transaction fee.

- ATM and Transaction Fees:
- Accounts A and B have [tex]$0 fees for ATMs within their network and $[/tex]3 for non-ABC bank ATMs. Both also have [tex]$3 per transaction. - Account C has a high transaction fee of $[/tex]25, making it one of the least favorable options.
- Account D has a [tex]$7 fee per transaction if not linked with savings, otherwise $[/tex]0. This includes ATM usage as part of the transaction fee structure.

### Conclusion:
Among the four accounts, Account B stands out as the best option for Jana. Here are the reasons:
- No monthly fee regardless of conditions.
- [tex]$0 for network ATMs, $[/tex]3 for non-ABC ATMs, and $3 per transaction, which is a straightforward fee structure.
- Unlimited check writing is also a bonus compared to Account C's limit of 10 per month.

Hence, the best checking account for Jana, considering the lowest overall fees, is Account B.