3ryna has [tex]$\$[/tex]300[tex]$ to open a checking account. She wants an account with the least amount of fees. She does not plan on using an ATM, and her employer offers direct deposit.

\begin{tabular}{|c|c|c|c|c|c|}
\hline
& \begin{tabular}{c} Minimum \\ Balance \end{tabular}
& Interest
& \begin{tabular}{c} Overdraft \\ Protection \end{tabular}
& ATM Fees
& Monthly Fee
\\ \hline
A
& $[/tex]\[tex]$500$[/tex]
& [tex]$0.1\%$[/tex]
& yes
& [tex]$\$[/tex]0[tex]$ for all ATMs
& $[/tex]\[tex]$5$[/tex]
\\ \hline
B
& [tex]$\$[/tex]250[tex]$
& $[/tex]0\%[tex]$
& no
& \begin{tabular}{c} $[/tex]\[tex]$0$[/tex] for ABC bank \\ ATMs \end{tabular}
& [tex]$\$[/tex]10[tex]$
\\ \hline
C
& $[/tex]\[tex]$50$[/tex]
& [tex]$0\%$[/tex]
& no
& [tex]$\$[/tex]2[tex]$ per transaction
& $[/tex]\[tex]$0$[/tex] with direct deposit
\\ \hline
\end{tabular}

3ryna should choose account [tex]$\square$[/tex].



Answer :

Let's determine which account 3ryna should choose based on her requirements and available funds.

1. Evaluate the initial money requirement:
3ryna has \[tex]$300 available to open a checking account. 2. Compare the minimum balance requirement for each account: - Account A requires a minimum balance of \$[/tex]500.
- Account B requires a minimum balance of \[tex]$250. - Account C requires a minimum balance of \$[/tex]50.

Given that 3ryna has \[tex]$300: - She cannot open Account A since \$[/tex]300 < \[tex]$500. - She can open Account B since \$[/tex]300 > \[tex]$250. - She can open Account C since \$[/tex]300 > \[tex]$50. 3. List the valid accounts based on her initial money: Valid accounts given her \$[/tex]300 are:
- Account B
- Account C

4. Determine the fees for each valid account (as 3ryna prefers the least amount of fees):
- Account B: Monthly fee of \[tex]$10. - Account C: Monthly fee of \$[/tex]0 with direct deposit (which she uses).

5. Compare the monthly fees of the valid accounts:
- Monthly fee for Account B: \[tex]$10 - Monthly fee for Account C: \$[/tex]0

Since 3ryna wants an account with the least amount of fees, Account C has the lower monthly fee (\$0).

Thus, 3ryna should choose account C.