8
QuizMultiple Choice

Understanding Checking and Debit Accounts — Quiz

Question 8 • 26-27 Career Planning and Development A/B 9842E 9843E

Becca has $⁢500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank’s ATM four times a month. Bank Account Terms and Conditions Minimum Balance Online banking Check Limits ATM Fees Monthly Fee A 500 dollars yes unlimited 0 dollars for all ATMs 12 dollars B 250 dollars yes 15 per month 0 dollars for ABC bank ATMs 10 dollars C 50 dollars yes 0 point 0 8 dollars each 2 point 5 0 dollars per transaction 0 dollars with direct deposit D 100 dollars no over 10 0 point 1 2 dollars each 3 dollars per transaction 2 dollars Which checking account would be best for Becca?

Answer
A
Account C
B
Account B
C
Account A
D
Account D
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Becca has $⁢500 to open a checking account. She…