\begin{tabular}{|c|c|c|c|c|}
\hline
& Account A & Account B & Account C & Account D \\
\hline
Fees & \[tex]$40 per overdraft & \$[/tex]40 per overdraft & \[tex]$40 per overdraft & \$[/tex]40 per overdraft \\
\hline
Usage Fees &
\begin{tabular}{l}
\[tex]$0 for ABC bank ATMs \\
\$[/tex]3 for non-ABC bank ATMs
\end{tabular}
&
\begin{tabular}{l}
\[tex]$4 per transaction
\end{tabular}
&
\begin{tabular}{l}
\$[/tex]3 per transaction
\end{tabular}
&
\begin{tabular}{l}
\[tex]$3 per transaction
\end{tabular} \\
\hline
Monthly Fee &
\begin{tabular}{l}
\$[/tex]0 with direct deposit
\end{tabular}
& \[tex]$0 & \$[/tex]0 & \[tex]$0 \\
\hline
Annual Fee & \$[/tex]0 & \[tex]$10 & \$[/tex]0 & \$12 \\
\hline
\end{tabular}

Which checking account would be best for Terrell?

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



Answer :

To determine which checking account would be best for Terrell, we need to consider the monthly fees, annual fees, and other costs associated with each account. Based on the given information, let's break down the costs for each account:

### Account A
- Monthly Fee: \[tex]$0 (with direct deposit) - Annual Fee: \$[/tex]0

So, the total annual cost for Account A is:
[tex]\[ 12 \times \text{Monthly Fee} + \text{Annual Fee} = 12 \times 0 + 0 = \$0 \][/tex]

### Account B
- Monthly Fee: \[tex]$0 - Annual Fee: \$[/tex]10

So, the total annual cost for Account B is:
[tex]\[ 12 \times \text{Monthly Fee} + \text{Annual Fee} = 12 \times 0 + 10 = \$10 \][/tex]

### Account C
- Monthly Fee: \[tex]$0 - Annual Fee: \$[/tex]0

So, the total annual cost for Account C is:
[tex]\[ 12 \times \text{Monthly Fee} + \text{Annual Fee} = 12 \times 0 + 0 = \$0 \][/tex]

### Account D
- Monthly Fee: \[tex]$0 - Annual Fee: \$[/tex]12

So, the total annual cost for Account D is:
[tex]\[ 12 \times \text{Monthly Fee} + \text{Annual Fee} = 12 \times 0 + 12 = \$12 \][/tex]

Now, we compare the total annual costs to find the account with the lowest cost:

- Total cost for Account A: \[tex]$0 - Total cost for Account B: \$[/tex]10
- Total cost for Account C: \[tex]$0 - Total cost for Account D: \$[/tex]12

The accounts with the lowest annual cost are Account A and Account C, both costing \$0. Since both accounts have the same cost, either Account A or Account C would be equally best for Terrell. However, when comparing based on direct deposit convenience, Account A may be the preferable option if Terrell can manage it.

Hence, Account A is considered the best option for Terrell.