Banking & Review

Each month, Alice's bank charges an $8 fee to have a debit card. The bank also charges her $0.12 for each check she writes. In an average month, she writes 12 checks. If she transfers her account to a different bank that offers free debit cards and unlimited checks, how much money would she save in a typical month?

• $8

• $1.44

• $8.44

• $9.44

Leeza is choosing a bank from the two banks below. She writes 5 checks. She does use the ATM about 2 times a month and her debit card about 20 times a month. What will her monthly fees be at Cross Bank?

• $13.25

• $12.50

• $30

• $9

Leeza is choosing a bank from the two banks below. She writes 5 checks. She does use the ATM about 2 times a month and her debit card about 20 times a month. How much will her monthly fees be at Town Bank?

• $10.20

• $9.20

• $11

• $14.20

1. Nathalia is shopping for a bank. She does not write checks or use the ATM. She pays for lunch with her debit card 25 times each month. Which bank is a better deal for Nathalia?

• Tex-Bank bank is the better deal for Nathalia because the fees for this bank is $3.50 per month

• Nation-Bank bank is the better deal for Nathalia because the fees for this bank are $2.75.

• Tex-Bank bank is the better deal for Nathalia because the fees for this bank is $12.25 per month

• Nation-Bank bank is the better deal for Nathalia because the fees for this bank are $20.754.

There are various methods in which to pay for your purchases. Paul used a type of card to pay for his purchase that withdraws money immediately from his checking account. What is this type of payment card called?

• credit card
• debit card
• 401 card
• savings plus card

Katie goes to the bank. She takes money out of her account. Katie has made a

• Deposit

• Withdrawal

You can be charged a late fee if the payment is not made within the due date.

• Credit card
• Debit card
• both

2. Mrs. Rosalinda wants to buy a new stove and refrigerator, but she does not have enough money in her bank account to pay for one. Which of these is an option for Mr.s Rosalinda?

• She can use her debit card to buy her stove and refrigerator now.

• She can use her debit card at the ATM and withdraw money from her bank account.

• She can pay with a credit card and make monthly installments later.

• She can pay with a credit card and the money will be withdrawn from her bank account immediately.

What was the balance of Raul's checking account after the transaction on April 13 in dollars and cents?

What is the balance in dollars and cents in Nina's checking account at the end of the day on April 23?