Checking Account Comparison

Directions: Complete the table below, and use the values to graph each of the following four checking accounts.

1. Trouble-Free Checking: This account has a flat fee of $32 per month. You can write as many checks as you want.

2. Quick and Easy Checking: Like Trouble Free Checking, this account has a flat fee, but it's only $12 per month. However, you are only allowed to write 20 checks a month; if you use more, there is a charge of $1.25 for each additional check.

3. Minimum Balance Checking: This account has no fees, but there is a penalty of $50 if the account balance ever falls below $2500.

4. No-Hassle Checking: This account has a $6 monthly fee as well as a charge of 50 per check.

Number of Checks Written Trouble-Free Quick-and-Easy Minimum-Balance (Sufficient Funds) Minimum-Balance (Insufficient Funds) Hassle-Free
0 $32.00 $12.00 $0.00 $50.00 $6.00
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