This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is the better banking option for Jane who keeps a minimum bank balance of ... (Read 40 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
on: Nov 11, 2019
Which of the following is the better banking option for Jane who keeps a minimum bank balance of $1000, needs liquidity and does ten transactions per month?
◦ Dee Bank requires no minimum balance, pays one percent interest on the average monthly balance, and allows 10 free ABM withdrawals a month, but charges $3 per withdrawal thereafter.
◦ Bee Bank charges a $60 annual fee for the account, pays interest at two percent on the average monthly balance, and has $1.00 ABM fees.
◦ Sea Bank charges no fees as long as the account balance remains above $1000, pays two percent interest on the average monthly balance, charges $1.00 ABM fees, and requires no minimum balance.
◦ Ace Bank pays no interest, has no ABM fees but charges a $7.00 monthly account fee.
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tatyanajohnson on Nov 11, 2019

momolu

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Nov 11, 2019
Gracias!

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Jane Goodall pioneered the modern approach to studying primates in the wild, involving close-up obse Jane Goodall pioneered the modern approach to studying primates in the wild, involving close-up obse
Calcium balance. Calcium balance.
Offshore Banking and Online Gambling Offshore Banking and Online Gambling
Comparison of Alpha Modified Eagle’s Minimum Essential Medium with Dulbecco’s Modified Eagle’s ... Comparison of Alpha Modified Eagle’s Minimum Essential Medium with Dulbecco’s Modified Eagle’s ...
Acid–Base Balance Acid–Base Balance
What is the minimum uncertainty in its position? What is the minimum uncertainty in its position?
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library