bank management

3. Suppose your bank imposes the following fees and/or service charges. Explain the bank's rationale and describe how you respond as a customer a. $10 per item for use of an ATM run by an entity other than your own bank b. $30 per transaction for using a live teller rather than making an ATM or telephone transaction c. Increase in the charge for insufficient funds (i.e. where a customer writes a cheque for an amount greater than the balance in the account) from $250 to $300 per item d. A 1% origination fee for refinancing a mortgage (8 marks)