Ramon's checking account requires that he maintain a minimum balance of $2000 to avoid a monthly service fee, and his balance at the beginning of this month was $2183.62. If Ramon's transactions so far this month have been a direct deposit of $562.56 on the 3rd of the month, a check written by Ramon on the 6th of the month to his landlord for $750 that cleared the next day, and a cash deposit of $100 on the 9th of the month, has Ramon been able to avoid the monthly service fee? A. No, because his highest balance so far this month has been $2746.18. B. Yes, because his lowest balance so

Question

Ramon's checking account requires that he maintain a minimum balance of $2000 to avoid a monthly service fee, and his balance at the beginning of this month was $2183.62. If Ramon's transactions so far this month have been a direct deposit of $562.56 on the 3rd of the month, a check written by Ramon on the 6th of the month to his landlord for $750 that cleared the next day, and a cash deposit of $100 on the 9th of the month, has Ramon been able to avoid the monthly service fee?   		A.	No, because his highest balance so far this month has been $2746.18.  		B.	Yes, because his lowest balance so

anonymous · Answer

His lowest balance was $1996.18.  He was able to get his balance above $2000 by the end of the month, however.  Since the choices are cut off... I'll let you take it from here.

anonymous · Answer

B.	Yes, because his lowest balance so far this month has been $1996.18.
 		C.	No, because his lowest balance so far this month has been $1996.18.
 		D.	Yes, because his highest balance so far this month has been $2746.18.

anonymous · Answer

@piglet9

anonymous · Answer

Did he maintain a balance of $2000 or did he do below that?

anonymous · Answer

below