Question: Randy a student has 500 to deposit in a
Randy, a student, has $ 500 to deposit in a new checking account, but Randy knows he will not be able to maintain a minimum balance. He will not use an ATM card, but will write a large number of checks. Randy is trying to choose between the unlimited check writing offered by South Trust and the low per- check fee offered by Sun Coast. How many checks would Randy have to write each month for the account at South Trust to be the better option?
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