Question

Charlie withdraws cash from an ATM that is not his own bank’s 3 times a month. He pays $1.50 per transaction. If this pattern is consistent across a year, what will his yearly cost be?

Answer 1

$54.00

Explanation:

3 transactions × $1.50 per transaction = $4.50 per month

$4.50 × 12 months in a year = $54.00

Answer 2

If I understand this right, the answer is $48.00

Explanation:

If they pay $1.50 three times a month just times $1.50 by 12 because there are 12 days in a month, then you get 16, then you times 16 by 3 and you get 48.

(I hope this is right lol)