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14 July, 02:03

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

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  1. 14 July, 02:08
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    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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