helterbrande helterbrande

30-04-2021
Mathematics

contestada

Joley is opening her first checking account as a teenager. She doesn’t have a job, so most of the income will be presents from birthdays and holidays. Bank A has a $8 monthly charge. Bank B charges 2% of the balance. Which account balance below will result in bank B being a better financial choice?

A. $300

B. $450

C. $800

D. $900

Respuesta :

averyjhall averyjhall

30-04-2021

The answer is A. The reason for this is because 2% of $300 is $6. Since 6 is less than 8, the answer is A.

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