Solved

The Cassil National Bank Charges Its Customers $0

Question 82

Multiple Choice

The Cassil National Bank charges its customers $0.50 per transaction for using the ATM machine,if their deposit balance is below $500.It charges $0.25 per transaction for using the ATM if their deposit balance is between $500 and $1,000.If its customers' deposit balance is over $1,000,there is no charge for using the ATM machine.This is an example of:


A) an interchange fee.
B) an independent pricing schedule.
C) a conditional pricing schedule.
D) a surcharge fee.
E) None of the options are correct

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents