Clos 3 corre .3 Selecting a Financial Institution 4 of 4 (4 complete Planning #4 (similar to): Check Writing Question Help Check Writing Fors. Randy, a student, has $325 to deposit in a new chequing account, but Randy knows he will not be able to maintain a minimum balance. He will not use an ATM card, but will write a large number of cheques. Randy is trying choose between the unlimited check writing offered by South Trust and the low per-check footered by Sun Coast. How many checks would Randy have to write each month for the account at South Trust to be the better option? (Hint: Use e table to determine the best bank for Randy) for the account at South Trust Bank to be the beter option, the number of checks Randy would need to writo each monthRound to the nearest whole number) Data Table - X Click on the icon here in order to copy the contents of the data table below to a spreadsheet.) South Trust Bank Sun Coast Bank ATM charges: Home bank Free Free Other bank $1.11 per use $1.11 per use Checking: Minimum deposit $1 $1 Minimum balance required $500 N/A to avoid fees" Monthly fees $13.50 $4.50 Check-writing charges Unlimited Each cheque 50 cents * N/A means monthly fees apply irrespective of account balances, Print Done Clear All DO F5 4 of 4 complete 3 correct Planning #4 (similar to): Check Writing Question Help 0 Check Writing Fees Randy a student has 5325 to deposit in a new chegung account, but Randy knows he will not be able to maintain a minimum balans. He wil net ATM card, but with a large number of cheques Randytryng to choose between the unlimited check writing offered by South Trust and the lower-check foe offered by Sun Coast How many checks would Randy have to teach month for the account of South Trust to be the better option? Use the table to determine the best bank for Randy) For the account of South Trust Bank to be the better option, the number of checks Randy would need to write each month is found to the newest whole number)