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fayes bank charges her a $2.25 service fee every time she uses an out-o…

Question

fayes bank charges her a $2.25 service fee every time she uses an out-of-network atm. if faye uses an out-of-network atm twice a week, how much money does she pay in service fees every year?
a. $240.25
b. $225.00
c. $200.75
d. $234.00

please select the best answer from the choices provided

a
b
c
d

Explanation:

Step1: Calculate weekly fee

Weekly uses: 2 times, fee per use: $2.25.
Weekly fee = \( 2 \times 2.25 = \$4.5 \)

Step2: Calculate annual fee (52 weeks)

Annual fee = \( 4.5 \times 52 = \$234 \)

Answer:

d. $234.00