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Which account has the lowest minimum balance requirement?

\begin{tabular}{|c|c|c|c|c|}
\hline & A & B & C & D \\
\hline
\begin{tabular}{l}
Minimum \\
Balance
\end{tabular} & [tex]$\$[/tex] 500[tex]$ & $[/tex]\[tex]$ 250$[/tex] & [tex]$\$[/tex] 300[tex]$ & $[/tex]\[tex]$ 100$[/tex] \\
\hline
Interest & [tex]$0.2\%$[/tex] & [tex]$0\%$[/tex] & [tex]$0.02\%$[/tex] & [tex]$0\%$[/tex] \\
\hline
\begin{tabular}{l}
Overdraft \\
Fees
\end{tabular} &
\begin{tabular}{l}
[tex]$\$[/tex] 0[tex]$ if linked \\
with savings \\
account or \\
$[/tex]\[tex]$ 40$[/tex] per \\
overdraft
\end{tabular} &
\begin{tabular}{l}
[tex]$\$[/tex] 35[tex]$ per \\
overdraft
\end{tabular} &
\begin{tabular}{l}
$[/tex]\[tex]$ 25$[/tex] per \\
overdraft
\end{tabular} &
\begin{tabular}{l}
[tex]$\$[/tex] 25[tex]$ per \\
overdraft
\end{tabular} \\
\hline
\begin{tabular}{l}
ATM \\
Usage Fees
\end{tabular} &
\begin{tabular}{l}
$[/tex]\[tex]$ 0$[/tex] for all \\
ATMs
\end{tabular} &
\begin{tabular}{l}
[tex]$\$[/tex] 0[tex]$ for ABC \\
bank ATMs \\
$[/tex]\[tex]$ 3$[/tex] for non- \\
ABC bank \\
ATMs
\end{tabular} &
\begin{tabular}{l}
[tex]$\$[/tex] 4[tex]$ per \\
transaction
\end{tabular} &
\begin{tabular}{l}
$[/tex]\[tex]$ 3$[/tex] per \\
transaction
\end{tabular} \\
\hline
\begin{tabular}{l}
Monthly \\
Fee
\end{tabular} &
\begin{tabular}{l}
[tex]$\$[/tex] 10[tex]$ or \\
$[/tex]\[tex]$ 0$[/tex] with direct \\
deposit
\end{tabular} &
[tex]$\$[/tex] 0[tex]$ &
$[/tex]\[tex]$ 0$[/tex] &
[tex]$\$[/tex] 0$ \\
\hline
\end{tabular}



Answer :

GinnyAnswer
To determine which account has the lowest minimum balance requirement, we should compare the minimum balances listed for each account. Let’s review each account's minimum balance requirement:

- Account A: [tex]$500 - Account B: $[/tex]250
- Account C: [tex]$300 - Account D: $[/tex]100

By examining these values, we can see that the minimum balance requirements are:

- Account A: [tex]$500 - Account B: $[/tex]250
- Account C: [tex]$300 - Account D: $[/tex]100

Among these, the lowest value is \$100.

Thus, the account with the lowest minimum balance requirement is Account D.

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