The answer is b) No
2% of 500 is 10.
$10 interest per year.
There are 12 months in a year. $2 per month
2 * 12 = 24
$24 a year is the fee.
So, if you have a $10 interest per year, but are paying $24 per year on a fee, you are not getting ahead.
Hope this helps you! (:
-Hamilton1757