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Selecting a Bank. Julie wants to open a bank account with $62. Julie estimates that she will write 23 checks per month and use her

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Selecting a Bank. Julie wants to open a bank account with $62. Julie estimates that she will write 23 checks per month and use her ATM card at the home bank. She will maintain a monthly balance of $500. Which bank should Julie choose? (Hint: Use the table, , to determine the best bank for Julie.) 3. Based on the information given in the chart, which bank should Julie choose? (Select the best answer below.) O A. Julie should choose South Trust Bank for the lowest total monthly charge of $12.50. O B. Julie should choose Sun Coast Bank for the lowest total monthly charge of $16.18. O c. Julie should choose Hillsboro Bank for the lowest total monthly charge of $16.10. O D. Julie should choose First National for the lowest total monthly charge of $23.03. (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Hillsboro Bank First National South Trust Bank Sun Coast Bank ATM charges: Home bank Free Free Free Free Other bank 5 free, then $1.21 per use $1.21 per use $1.21 per use $0.96 per use Checking: Minimum deposit $100 $24 $1 $1 Minimum balance required N/A N/A $500 N/A to avoid fees Monthly fees $6.82 $7.95 $12.50 $2.84 Check-writing charges 15 free, then 10 free, then Unlimited Each check $0.58 $1.16 per check $1.16 per check * N/A means monthly fees apply irrespective of account balances

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