Question

Natasha has $1000 to open a checking account. She can maintain a monthly balance of $600. She also has a savings account at the same bank. Her employer offers direct deposit and she plans to use online bill paying. She writes about eight checks per month. She currently uses the ATM machines at several different banks. Natasha sometimes overdraws her account. Bank Account Terms and Conditions Natasha wants an account with the lowest fees. Which checking account would be best for Natasha

Answer 1

Based on Natasha's preferences and the conditions offered by banks to her, the checking account that would be best is Account A.

Why is Account A best for Natasha?

She has $600 is more than the $500 minimum balance required. She will not have to pay ATM fees for withdrawing from other bank ATMs.

She won't get charged for online bill payments and because she has a savings account, her overdraft fees would be $0. She can also write as many checks as she wants.

Find out more on picking bank accounts at https://brainly.com/question/11463590.

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