Understanding Checking and Debit Accounts Answers

Which bank has the highest possible overdraft fee? Bank Account Terms and Conditions

Paul wrote a check to the dentist for $345.69. He’ll use the check register to record his transaction. What will be his new balance?

Selma deposited a paycheck for $378.42. She’ll use the check register to record her transaction. What will be her new balance?

Which account has the lowest minimum balance requirement?Bank Account Terms and Conditions

Terrell has $300 to open a checking account. He plans to use the ATM four times per month at his local branch. He does not overdraft his account. Bank Account Terms and ConditionsWhich checking account would be best for Terrell?

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 ConditionsWhich checking account would be best for Becca?

Karen has $800 to open a checking account. She wants an account with the lowest fees. She only writes about five checks per month and her employer has direct deposit. She does not plan on using the ATM or online banking. Bank Account Terms and ConditionsWhich checking account would be best for Karen?

Sarah transferred $450.00 from her savings account to her checking account. She’ll use the check register to record her transaction. What will be her new balance?$

Lyle deposited a check for $75.26. He’ll use the check register to record his transaction. What will be his new balance?

Beth withdrew $35 from her checking account. In which column should she record the $35 withdrawal?