Faye’s 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

d. $234.00

Explanation:

Data provided in the question

Bank charges for service fee = $2.25 every time

Week = Twice basis

There are 52 weeks in a year but in the given case, the network was out at twice basis. So, the total weeks is

= 52 × 2

= 104 weeks

Now the service fees every year is

= Bank charges for service fee × Total weeks

= $2.25 × 104 weeks

= $234

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