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Checking account A charged a monthly service fee of $3 and a per-check fee of $0.02, while checking account B charges a monthly service fee of $2 and a per-check fee of $0.03. How many checks would a person have to write for the two accounts to cost the same?

User Edthix
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2 Answers

4 votes

Answer:

100 checks

Explanation:

ape-x

User Ava Barbilla
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3 votes
The service fees differ by $1. The per-check fees differ by $0.01. A person would have to write 1/.01 = 100 checks for the two accounts to cost the same.
User Regularjoe
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