Question

The Checking Account Fees at Two Banks

Monthly Fee
Bank G: $10 when the average daily balance is less than $800; no fee when it is $800 or more
Bank H: $14 when the average daily balance is less than $550; no fee when it is $550 or more
Which statement is best supported by the information in the table?
A: The fee at bank H will be greater than the fee at Bank G whenever the average daily balance is less than $675.
B: The fee at Bank H will always be greater than the fee at Bank G.
C: The fee at Bank H will always be greater than the fee at Bank G.
D: The fee at Bank H will be less than the fee at Bank G only when the average daily balance of $550 is maintained.

Answer 1

[AI-generated answer — Bot GPT 3.5]

A: The fee at bank H will be greater than the fee at Bank G whenever the average daily balance is less than $675.

This statement is best supported by the information provided, as it accurately reflects that Bank H has a higher monthly fee than Bank G for average daily balances below a certain amount, in this case $675.