Your bank, First Bank, charges you $1.50 every time you use an ATM that is not...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6645ed1a3c7d7_7136645ed199d68d.jpg)
Transcribed Image Text:
Your bank, First Bank, charges you $1.50 every time you use an ATM that is not owned by them. Unfortunately, there is no First Bank ATM near your school. There is a Second Bank ATM in the Student Center, which you use several times a week to withdraw $10 at a time for lunch, video games, etc. What is the best piece of advice regarding these transactions? OA. They're OK as long as you enter the transactions in your check register. B. Make sure you have overdraft protection on your account. OC. Avoid them since you are effectively paying 15% interest to access your cash. D. They will make it hard to balance your account since these transactions won't show up on your monthly statements. Your bank, First Bank, charges you $1.50 every time you use an ATM that is not owned by them. Unfortunately, there is no First Bank ATM near your school. There is a Second Bank ATM in the Student Center, which you use several times a week to withdraw $10 at a time for lunch, video games, etc. What is the best piece of advice regarding these transactions? OA. They're OK as long as you enter the transactions in your check register. B. Make sure you have overdraft protection on your account. OC. Avoid them since you are effectively paying 15% interest to access your cash. D. They will make it hard to balance your account since these transactions won't show up on your monthly statements.
Expert Answer:
Posted Date:
Students also viewed these programming questions
-
A stock will pay dividends of $ 3 , $ 6 , and $ 9 over the next three years, and then increase dividends at a rate of 5 % afterwards. Its required rate of return is 1 8 % . What is the value of the...
-
for this case study carefully read the article titled "The Case for Reparations" The Atlantic Introduction Provide an overview of the situation Identify critical issues underlying the problems...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Analyze the residuals from the regression model on the patient satisfaction data from Exercise 4.49. Comment on the adequacy of the regression model. MTB> Stat> Regression > Regression Normal...
-
Dolly is a college student who works as a part-time server in a restaurant. Her usual tip is 20% of the price of the meal. A customer ordered a piece of pie and said that he would appreciate prompt...
-
Identify at least three criteria that might be used to select a manufacturing firm as a potential acquisition candidate. A financial services firm? A high-technology firm?
-
Information on Westcott Company's direct labor costs is as follows: Standard direct labor rate. ..$3.75 Actual direct labor rate. .$3.50 Standard direct labor hours.......... .10,000 Actual direct...
-
Some of Gillettes spokespeople such as Tiger Woods have run into controversy after becoming endorsers for the brand. Does this hurt Gillettes brand equity or marketing message? Explain.
-
a) Problem 1. For the 4-bar planar truss structure shown below: E.A 1 T EA E,2A L 3 E.A B 21 L 300 Hand calculate the global set of equations [K]{d}={P}.
-
(Question 1) Decious Enterprise is a catering company that offers a variety of services. They prepared its account on 31 December every year. The unadjusted statement of financial position of the...
-
1. Consider the circuit drawn to the right. A) Label the charge Q4, Q2 and Q1.5 on the 3 capacitors. How are they related to each other just considering charge conservation? B) What is the equivalent...
-
A small rock is thrown vertically upward with a speed of 29.0 m/s from the edge of the roof of a 25.0-m-tall building. The rock doesn't hit the building on its way back down and lands in the street...
-
A gray kangaroo can bound across level ground, with each jump carrying it 9.4 m from the takeoff point. Typically, the kangaroo leaves the ground at a 25-degree angle. If this is so: A) What is its...
-
Simplify -3125x2 completely. Write answer in radical form. Answer = Entry Tip: To enter an answer like 50/2, type 50*root(3)(x^2). Preview your a submitting! Question Help: Message instructor...
-
1. How does one physically decrease the impact force during a drop jump? 2. How would this reduction in force affect the landing? Explain. 3. Give an example of a sport where you would want: a. A...
-
(i) Find the Cauchy principal value of the integral dr. 2 + 4x +8
-
Find the radius of convergence in two ways: (a) Directly by the CauchyHadamard formula in Sec. 15.2. (b) From a series of simpler terms by using Theorem 3 or Theorem 4.
-
The Texon Co. is organized into autonomous divisions along regional market lines. Each division manager is responsible for sales, cost of operations, acquisition and financing of divisional assets...
-
A.R. Oma, Inc. manufactures a line of men's perfumes and after-shaving lotions. The manufacturing process is basically a series of mixing operations with the addition of certain aromatic and coloring...
-
Clarkson Company is a large multi-division firm with several plants in each division. A comprehensive budgeting system is used for planning operations and measuring performance. The annual budgeting...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App