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Author Question: Lorenzo is considering two banks for his checking account. Suny Bank requires a minimum deposit of ... (Read 274 times)

sammy

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Lorenzo is considering two banks for his checking account. Suny Bank requires a minimum deposit of $100 and charges a monthly fee of $8, plus 5 cents a check. Merchants Bank also requires a minimum deposit of $100, it charges a per check fee of 15 cents but no monthly fee. How many checks would Lorenzo need to write each month to make Suny Bank cheaper to use than Merchants?


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Marked as best answer by sammy on Apr 13, 2019

owenfalvey

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