Carlos is looking to open an account at a bank

Asked by maham237 @ 18/07/2021 in Mathematics viewed by 369 People

but wants to avoid as many fees as possible. Which would NOT help minimize fees paid to a bank? A) Checking with the bank to know what fees it has so he can avoid them.

B) Only using his bank's ATMs to avoid ATM fees.

C) Avoiding the use of a check register.

D) Comparing various banks' fees and services.

Answered by maham237 @ 18/07/2021

You can find the answer to this problem by process of elimination. I'll show you.

Checking with the bank to know what fees it has is a good idea. You can get an idea of what its fees are and how to avoid them.

If you didn't know, if you use an ATM at a bank other than the one you use, they charge you extra money. So using the ATM at his bank is a good idea, because you don't get charged.

Comparing various banks' fees and services is a good idea, because you can see which banks are the cheapest to use.

This leaves (C) as the last option. Avoiding the use of a check register really doesn't help you save money and avoid fees. The correct answer to your question is option (C). I hope I helped! (:

Carlos is looking to open an account at a bank

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