Understanding Checking and Debit Accounts Answers

Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank’s ATM four times a month. Bank Account Terms and ConditionsWhich checking account would be best for Becca?

Ming made a car insurance payment of $122.50. He’ll use the check register to record his transaction. What will be his new balance?$

Sarah transferred $450.00 from her savings account to her checking account. She’ll use the check register to record her transaction. What will be her new balance?$

Selma deposited a paycheck for $378.42. She’ll use the check register to record her transaction. What will be her new balance?

Kylie has $500 to open a checking account. She wants an account with the lowest fees. She sometimes writes a check for more money than she has in her account. She plans on using only her bank’s ATM to deposit her paychecks and withdraw cash. Bank Account Terms and ConditionsWhich checking account would be best for Kylie?

Which bank does not charge at all for using the ATM? Bank Account Terms and Conditions

Jana has $100 to open a checking account. She can maintain a monthly balance of $300. She also has a savings account at the same bank. She plans to use online bill paying and write fewer than 10 checks per month. She currently uses her bank’s ATM several times per month. Jana does not overdraw her account. Bank Account Terms and ConditionsJana wants an account with the lowest fees. Which checking account would be best for Jana?

Lyle deposited a check for $75.26. He’ll use the check register to record his transaction. What will be his new balance?

Beth withdrew $35 from her checking account. In which column should she record the $35 withdrawal?