(a) In your opinion, would Aaron be better off with a minimum-balance account or an average-balance account to minimize his fees?
(b) What other advice would you have for Aaron regarding the avoidance of a monthly fee on his account?
Aaron Searle, a service station owner from Moscow, Idaho, has been paying $20 per month in fees on his checking account for about a year. He is considering changing banks but fears that the fees will be similar no matter where he banks. He has tracked his high-, low- and average-balance on his account for the last six months and found the following:

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Highest Balance $4,800 $4,300 $3,600 $5,100 $3,500 $4,100 Lowest Balance $1,200 $300 $900 $1,700 $400 $1,200 Average Balance $2,400 $1,700 1,200 $2,700 $900 Month