Understanding Checking and Debit Accounts Answers

Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck?

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?

Which account has the lowest minimum balance requirement?Bank Account Terms and Conditions

Natasha has $1000 to open a checking account. She can maintain a monthly balance of $600. She also has a savings account at the same bank. Her employer offers direct deposit and she plans to use online bill paying. She writes about eight checks per month. She currently uses the ATM machines at several different banks. Natasha sometimes overdraws her account. Bank Account Terms and ConditionsNatasha wants an account with the lowest fees. Which checking account would be best for Natasha?

Paul wrote a check to the dentist for $345.69. 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?

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?

James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four times per month at his local branch. He does not overdraft his account and plans to use direct deposit. He also plans to pay his bills online and he averages 8 bills per month. Bank Account Terms and ConditionsJames wants an account with the lowest fees. Which checking account would be best for James?

Which bank has the highest possible overdraft fee? Bank Account Terms and Conditions