7) the table shows the monthly fees for the checking accounts at two banks.
Fargo bank does 3% of checking accounts balance.
Citizens bank does 6$
A. The fee at Bank Fargo will always be more than the fee at bank Citizens.
B. The fee at Bank Fargo will always be less than the fee at bank Citizens.
C. The fee at Bank Fargo will be more than the fee at Bank Citizens only when the checking account balance is less than $200.
D. The fee at Bank Fargo will be less than the fee at Bank Citizens only when a customer's balance is more than $200.
14) Which is a feature of both writing a check and using a credit card?
A. Make payments online
B. Signature required
C. Founds are transferred immediately
D. Late fees
I don't understand Damon you are not a very good teacher
I think 7 is A and i think 14 is A too.
I think is A
You write a check online?
7) the table shows the monthly fees for the checking accounts at two banks.
Fargo bank does 3% of checking accounts balance.
Citizens bank does 6$
A. The fee at Bank Fargo will always be more than the fee at bank Citizens.
B. The fee at Bank Fargo will always be less than the fee at bank Citizens.
C. The fee at Bank Fargo will be more than the fee at Bank Citizens only when the checking account balance is less than $200.
D. The fee at Bank Fargo will be less than the fee at Bank Citizens only when a customer's balance is more than $200.
The correct answer is D. The fee at Bank Fargo will be less than the fee at Bank Citizens only when a customer's balance is more than $200.
are you 100% sure
7) To determine which bank has a higher monthly fee, we need to compare the formulas used to calculate the fees at Fargo bank and Citizens bank.
For Fargo bank, the fee is calculated as 3% of the checking account balance.
For Citizens bank, the fee is a flat rate of $6.
Now, let's analyze the given options:
A. The fee at Bank Fargo will always be more than the fee at Bank Citizens.
This option is incorrect because it assumes that Fargo bank's fee will always be higher than Citizens bank's fee, which may not be true in all cases since the fee depends on the checking account balance.
B. The fee at Bank Fargo will always be less than the fee at Bank Citizens.
This option is also incorrect. Similarly to option A, it assumes that Fargo bank's fee will always be lower than Citizens bank's fee, which is not necessarily the case.
C. The fee at Bank Fargo will be more than the fee at Bank Citizens only when the checking account balance is less than $200.
This option is incorrect because it makes a specific assumption about the checking account balance. However, without knowing the specific balance, we cannot determine if this statement is true.
D. The fee at Bank Fargo will be less than the fee at Bank Citizens only when a customer's balance is more than $200.
This option is also incorrect for the same reasons as option C. It assumes a particular balance threshold, but we do not have enough information to determine if this statement is true.
Therefore, none of the given options accurately capture the relationship between the fees at Fargo bank and Citizens bank based on the information provided.
hey are the same when 3% B = 6
.03 B = 6
3 B = 600
B = 200
before that it is cheaper to do the 3 %
above that it is cheaper to do the $6