Aaron Searle, a service station owner from Moscow, Idaho, has been paying $30 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:

In your opinion, would Aaron be better off with a minimum-balance account or an average-balance account to minimize his fees? What other advice would you have for Aaron regarding the avoidance of a monthly fee on hisaccount?

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Highest Month Balance 1 $4800 2 $4300 3 $3600 4 $5100 5 $3500 6 $4100 Lowest Balance $1200 $300 $900 $1700 $400 $1200 Average Balance $2400 $1700 $1200 $2700 $900 $2100