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Business, 22.04.2021 20:50 dylan6981

Jessie wants to open a checking account to pay bills. She wants a starter book of checks, plus free online bill payment services. She analyzes the following statements of fees from Good Bank and Great Bank. Good Bank Features and Fees: monthly fee of 5 dollars, free online bill payment, free debit cards, second copy of statement 7 dollars, 200 checks for 8 dollars, network A T M usage: 2 transactions per month free, non-sufficient funds 26 dollars, 3 dollars for each additional network A T M transaction. Great Bank Features and Fees: free online bill payment services, free debit card, network A T M usage 1 dollar and 50 cents, 6 dollar monthly fee, non-sufficient funds: 24 dollars for the first time in any month, 26 dollars the second time, and 30 dollars in the third subsequent times in the same month, start check supply 5 dollars, replacement statement copy 4 dollars, fees are subject to change. Based upon past experience, Jessie expects to accidentally overdraft the account about 3 times per year, unfortunately all in the same month, due to unexpected charges and miscommunications. She expects no 2nd copies of statements, and to use network ATMs 4 times per month with either bank. Based on the tables of fees, which bank can be reasonably expected to cost Jessie the least amount in fees per year

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