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Provide full solutions, showing all of your steps. Make sure that there is one step or idea per line. Use one equal sign per line.

Provide full solutions, showing all of your steps.

  • Make sure that there is one step or idea per line.
  • Use one equal sign per line.
  • Make sure that equal signs line up vertically.
  • Dont use self-developed short form notations.

  1. You are going to compare the different accounts offered by a financial institution. Download the completed chart comparing RBC accounts to use as a guide. Download the blank chart and fill it in for another bank (e.g., TD, BMO, etc.). Research two different accounts for your choice of bank (two chequing accounts). (20 marks)

  2. Comparing the accounts offered by the bank you investigated, which account would best suit:
    1. A college student with a minimum balance? Support your choice with a minimum of two reasons. (5 marks)
    2. A person who is married, employed and has three children. With payroll deposits, online banking, bills to pay etc. Support your choice with a minimum of two reasons. (5 marks)
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Overview of account Monthly Fee Seniors Monthly Fee RBC Online Banking Phone Banking Debits Included Assisted Transactions Self-serve trank-aktions (ie. ATM) Interact ATM bon-REK in Canada ATM Full Statement Interact email money transfer Paper \& e-Statement Bankbook Overdraft Protection Other Key Benefits

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