Decide whether the statement makes sense. Explain your reasoning.Wayne's bank charges a $1 service charge for every transaction. To save money, he withdraws $100 cash every other week instead of withdrawing $50 every week.

Question

What will be an ideal response?

Answer 1

Makes sense. By taking out the same amount of money but reducing the number of withdrawals, he saves money on service charges ($0.50 per week). What would make even more sense would be to find a bank that doesn't charge a fee for every transaction. (Explanations will vary.)