Jessie wants to open a checking account to pay bills. she wants a starter book of checks, plus free online bill payment ser
she analyzes the following statements of fees from good bank and great bank.
good bank
features and fees
- monthly fee, $5
• onlire bill paymert, free
• debit cards, free
2nd copy of statement, $7
200 checks, $8
network atm usage, 2 transactions per
month, free*
• non-sufficientfurds, $26
great bank
features and fees
online bill payment services, free
debit card, free
network atm usage, $1.50
morthly fee, $6
non-sufficient funds fee, $24the first
time in any month, $26 the second time,
and $30 the 31 and subsequent times in
the sare month
• starter check supply: $5
- replace rent statement cops $4
note: fees are subject to change
*$3 for each additional network atm
transaction
based upon past experience, jessie expects to accidentally overdraft the account about 3 times per year, unfortunately all in
same month, due to unexpected charges and miscommunications. she expects no 2nd copies of statements, and to use ne
atms 4 times per month with either bank. based on the tables of fees, which bank can be reasonably expected to cost jes
the least amount in fees per year?