Emma is ready to open a new checking account and is trying to decide between three banks using the chart below Bank R & Bank S & Bank T }(l) No monthly fees if balance stays above 300 , otherwise 7 per month & No monthly fees if check card is used more than 6 times per month, otherwise 10 monthly fee & 5 monthly fee No minimum balance & 25 minimum balance & No minimum balance Online banking services & Online banking services & No online banking options Non-Bank R ATM fee - 2.00 per transaction & Non-Bank S ATM fee - 1.50 per transaction & Non-Bank TATM fee - 2.00 per transaction Emma usually has about 1000 in her account at any given time during the month. She usually visits the ATM twice

a month and uses her check card about 4 times a month. She also likes to use online banking. Which bank should she choose?# ExplanationTo determine the best bank for Emma, we need to consider her banking habits and compare them with the conditions set by each bank.1. **Bank R**: This bank does not charge any monthly fees if the balance stays above 1000 in her account, she will not incur any monthly fees. Bank R also offers online banking services, which Emma likes to use. However, it charges a 4 in ATM fees per month.2. **Bank S**: This bank does not charge any monthly fees if the check card is used more than 6 times per month. However, Emma only uses her check card about 4 times a month, so she would incur a 1.50 fee for each non-Bank S ATM transaction. Since Emma visits the ATM twice a month, she would incur a total of 25, but this is not a problem for Emma as she usually has about 2 fee for each non-Bank T ATM transaction. Since Emma visits the ATM twice a month, she would incur a total of $4 in ATM fees per month.# AnswerBased on the information provided and considering Emma's banking habits, she should choose **Bank R**. This bank meets all her needs: it does not charge her any monthly fees, it offers online banking services that she likes to use, and the ATM fees are affordable for her. Although Bank R and Bank T have the same ATM fee, Bank R offers online banking services, unlike Bank T. Bank S would charge her a monthly fee because she does not meet the check card usage requirement, making it a less desirable choice.