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Victor Read the Fine Print for a Checking Account He

question 49

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Victor read the fine print for a checking account he was thinking about using. The fine print said, "A minimum balance of $500 is required. If your balance falls below this level, you will be assessed a monthly fee of $10." Since Victor was planning to keep only a $50 balance in his account, how much could he be charged each year?


Definitions:

Limbic System

A complex system of nerves and networks in the brain, involved in basic emotions and drives.

Hypothalamus

A region of the brain responsible for hormone production and regulation of vital bodily functions such as temperature and hunger.

Pons

A part of the brain located in the brainstem, vital for regulating breathing, communication between different parts of the brain, and relaying sensory information.

Medulla

An essential part of the brainstem involved in regulating vital functions such as heart rate, breathing, and blood pressure.

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