Question

Lena is comparing offers from two banks on checking accounts that include debit cards. Bank A charges $20 monthly fee for a checking account and debit card, with unlimited transactions. Bank B charged a $5 monthly fee for a checking account and debit card, plus
$ 0.50 for each transaction.
Suppose Lena makes 35 transactions in a given month.

How much would she pay at each bank for the given month?
Bank A
Bank B

For the given month, which bank is cheaper and by how much?
Bank A. is cheaper than Bank B by $
or
Bank B is cheaper than Bank A by $​

Answer 1

Answer:

Bank A spending= $20

Bank B spending= $22.5

Bank A is cheaper with $2.5

Step-by-step explanation:

Bank A charges $20 monthly fee for a checking account and debit card, with unlimited transactions.

Sheade 35 transactions.

Total charges from bank A

= $20 monthly

Bank B charged a $5 monthly fee for a checking account and debit card, plus

$ 0.50 for each transaction.

She made 35 transactions.

Total charges on bank B= $5 + (0.5)35

Total charges on bank B= $5+17.5

Total charges on bank B= $22.5