Dana's checking account requires that she maintain a minimum balance of $1000 to avoid a monthly service fee, and her balance at the beginning of this month was $1096.03. If Dana's transactions so far this month have been a direct deposit of $613.72 on the 2nd of the month, a check written by Dana on the 5th of the month to her landlord for $700 that cleared the next day, and a cash deposit of $200 on the 8th of the month, has Dana been able to avoid the monthly service fee?
Question
Answer:
Yes, because her lowest balance so far this month has been 1009.75.
solved
general
10 months ago
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