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You are trying to decide which bank to start an account at. You pull up a website that compares two of the most popular banks in your area. The chart on the site looks like this. Institution Account Maintenance Fee Minimum Monthly Deposit Overdraft Fees Bank A $5.00 per month $100 per month $45 Bank B none $500 per month $30Which of the following statements is true when comparing these two banks? Statement 1: Bank A has lower fees and a lower minimum monthly deposit. Statement 2: Bank A has higher fees but a lower minimum monthly deposit. Statement 3: Bank B has lower fees and a lower minimum monthly deposit. Statement 4: Bank B has higher fees and a higher minimum monthly deposit. Statement __ is true.
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answered2 months ago