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Randy a student has $476 to deposit in a new checking account already knows he will not be able to maintain a minimum balance he

Randy a student has $476 to deposit in a new checking account already 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 checks
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Check Writing Fees Randy, a student has $476 to deposit in a new chaquing 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 to choose between the unlimited check willing offered by South Trust and the low per-check fee offered by Sun Coast How many checks would Ranay have to write each month for the account at South Trust to be the better option? (hint Use the table to determine the best bank for Randy) For the account of South Trina Bank to be the batter option, the number of checks Randy would need to write each month (Round to the nearest whole number) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) South Trust Bank Sun Coast Bank ATMutharges: Home bank Other bank Checking: Minimum deposit Free $1.42 per use Free $1.42 per use $1 $1 ata Table OUT WITT WTYL POT URG WTYL PEU $1 N/A Checking: Minimum deposit $1 Minimum balance required $500 to avoid fees* Monthly fees $5.00 Check-writing charges Unlimited $2.50 Each cheque 50 cents * N/A means monthly fees apply irrespective of account balances

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