Which of these two checking accounts is a better deal?
Why?
a.A regular checking account with a monthly fee of $10 when the balance is lower than $300.
b.An interest-bearing checking account (paying 1%)with a monthly charge of $5 when the balance is lower than $100.

Question

Which of these two checking accounts is a better deal?
 Why?
a.A regular checking account with a monthly fee of $10 when the balance is lower than $300.
b.An interest-bearing checking account (paying 1%)with a monthly charge of $5 when the balance is lower than $100.

Quizplus · Accepted Answer

The Answer of Which of these two checking accounts is a better deal?
 Why?
a.A regular checking account with a monthly fee of $10 when the balance is lower than $300.
b.An interest-bearing checking account (paying 1%)with a monthly charge of $5 when the balance is lower than $100.

Which of These Two Checking Accounts Is a Better Deal