2. The bank requires a minimum balance of $50 in the savings account. It does not matter how much money is kept in the checking account.

If the customer deposits no money in the checking account but is able to maintain both accounts without penalty, what can you say about the amount deposited in the savings account?

1 answer

If the customer is able to maintain both accounts without penalty and does not deposit any money in the checking account, it means that the customer must have at least the minimum balance of $50 in the savings account.
Similar Questions
    1. answers icon 1 answer
    1. answers icon 1 answer
  1. Systems of Equations Quick Check5 of 55 of 5 Items Question The balance of a savings account at Acorn Bank, y, compounded
    1. answers icon 1 answer
  2. Select the correct answer.Katherine wants to open a bank account that allows her perform frequent transactions without being
    1. answers icon 1 answer
more similar questions