Review the table with rates for Bank A and Federal Credit Union (FCU) B.

	bank A	FCU B
Monthly Fee	$5.00 when the final balance is less than $1000.00$1000.00	$10.00 to open without monthly fees
Minimum balance	No minimum required	$50.00
ATM fee	2020 free, then $2.50 at any ATM	Free at FCU ATMs, $2.00at non-FCU ATMs
Check fee	3030 free checks per month	Unlimited free checking
Overdraft fee	$25.00 per overdraft	$10.00 for the first;$30.00 for everyone else
Interest on the balance	0.2%monthly interest for the entire month if the final balance is greater than $500.00	0.3%0.3% monthly interest for the entire month if the final balance is greater than $1000.00

Which statements are true? Select all that apply.

FCU B offers a better option for using checks.

An ending balance of $2000.00 in FCU B earns $6.00

FCU B does not charge for cash withdrawals at any ATM.

Three overdrafts per month cost more at Bank A.

An ending balance of $2000.00 in Bank A earns $40.00.

A final balance of $250.00 in Bank A costs $5.00.

The total cost of using Bank A is greater than that of using FCU B.

Two overdrafts per month cost more at FCU B.

Answer rating: 100% (QA)

Lets evaluate each statement based on the provided information 1 FCU B offers a better option for us... View the full answer