Which of the Following Is the Better Banking Option for Someone

question 10

Multiple Choice

Which of the following is the better banking option for someone who keeps an average balance of $1000, needs liquidity and does ten transactions per month?

• A)Quick Bank pays no interest, has no ABM fees but charges a $10 monthly account fee.
• B)Savers Bank charges a $50 annual fee for the account, pays interest at three percent, and has $1 ABM fees.
• C)Street Bank charges no annual fee, pays two percent interest, charges $1 ABM fees, and requires no minimum balance.
• D)Corner Bank requires no minimum balance, pays one percent interest, and has 50 free ABM withdrawals annually.

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Definitions:

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Serious Climate Change

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