18
QuizLong Text

Selecting a Bank

Question 18 • ****Spring 2026 Financial Math - MA2007 MQS21QXV

Downtown Bank offers a checking account. The bank charges a fee for overdrafts, monthly maintenance for balances below $300, out-of-network ATM withdrawals, and more than three money transfers in a month. What are three things you can do to avoid fees from a Downtown Bank checking account?

Answer

Answer:

Keep at least $300 in the account, avoid overdrafts by tracking the balance, and use in-network ATMs while limiting transfers to three or fewer per month.