Answer:
D. Checking account B is the better deal, because its total monthly fees amount to $55, while those for checking account A amount to $54.
To determine the better deal, you must calculate the total monthly fees for each checking account. For checking account A, the monthly service fee is $12 and the wire transfer fee is $10.50, so the total monthly fees amount to $12 + (4 * $10.50) = $55. For checking account B, the monthly service fee is $21 and the wire transfer fee is $8.50, so the total monthly fees amount to $21 + (4 * $8.50) = $55. Since checking account B has lower total monthly fees, it is the better deal.
Explanation: