Answer asapkylie has $500 to open a checking account. she wants an account with the lowest fees. she sometimes writes a check for more money than she has in her account. she plans on only using her bank's atm to deposit her paychecks and withdraw cash. which checking account would be best for kylie? account aaccount baccount caccount d

The correct answer is Account A.

Explanation: The best type of account for Kylie is checking account A for three different reasons.

1. She has the $500 minimum balance to open the account.

2. She plans on using her bank’s ATM to make deposits and withdrawals, which are free for this account.

3. Kylie sometimes over draws her account, and Account A offers overdraft protection.

A: Account A

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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