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.
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.