6. Ms. Jonas is opening a new checking account. She has looked at two local banks and the fees they charge for a checking account. Name of Bank Minimum Deposit Required to Open $50 Monthly Fees Overdraft Charge $14 unless you have a minimum daily $35 waived if you have overdraft protection with a savings account $25 Bank A balance of at least $1500 Or Direct deposit of at least $250 $9 unless you have a minimum daily balance of at least $1500 Or Direct deposit of at least $500 Bank B $50 Which statement is NOT true based on the information in the table? A. Bank A requires a larger deposit to open a checking account that Bank B. B. Without overdraft protection, Bank A charges a larger overdraft fee than Bank B. C. Both banks have the same minimum daily balance required to avoid a monthly fee. D. One option to avoid a monthly fee is a direct deposit with a minimum amount. Bank B has a larger required direct deposit than Bank A.

6. Ms. Jonas is opening a new checking account. She has looked at two local banks and the fees they charge for a checking account. Name of Bank Minimum Deposit Required to Open $50 Monthly Fees Overdraft Charge $14 unless you have a minimum daily $35 waived if you have overdraft protection with a savings account $25 Bank A balance of at least $1500 Or Direct deposit of at least $250 $9 unless you have a minimum daily balance of at least $1500 Or Direct deposit of at least $500 Bank B $50 Which statement is NOT true based on the information in the table? A. Bank A requires a larger deposit to open a checking account that Bank B. B. Without overdraft protection, Bank A charges a larger overdraft fee than Bank B. C. Both banks have the same minimum daily balance required to avoid a monthly fee. D. One option to avoid a monthly fee is a direct deposit with a minimum amount. Bank B has a larger required direct deposit than Bank A.

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

Which statement is NOT true based on the information in the table?

6. Ms. Jonas is opening a new checking account. She has looked at two local banks and the fees
they charge for a checking account.
Name of Bank
Minimum Deposit
Required to Open
$50
Monthly Fees
Overdraft Charge
$14 unless you have a minimum daily $35 waived if you
have overdraft
protection with a
savings account
$25
Bank A
balance of at least $1500
Or
Direct deposit of at least $250
$9 unless you have a minimum daily
balance of at least $1500
Or
Direct deposit of at least $500
Bank B
$50
Which statement is NOT true based on the information in the table?
A. Bank A requires a larger deposit to open a checking account that Bank B.
B. Without overdraft protection, Bank A charges a larger overdraft fee than Bank B.
C. Both banks have the same minimum daily balance required to avoid a monthly fee.
D. One option to avoid a monthly fee is a direct deposit with a minimum amount. Bank B has a
larger required direct deposit than Bank A.

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