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Tori's checking account charges a $10.75 monthly service fee and a $0.14 per-check fee. If Tori writes 19 checks per month, should she switch to a checking account that charges a $13.50 monthly service fee and no per-check fee?

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aspenlei
no because her current monthly fees are cheaper than $13.50.. if you take 19 and multiply it by $0.14 it comes out to be $2.66 so add $2.66 to $10.75 it comes out to be $13.41

If Tori writes 19 checks per month, Tori should not switch to the checking account that charges a $13.50 monthly service fee.

Should Tori switch?

Tori should switch to the checking account if the monthly service fee is less than the checking account used by Tori.

Total cost of the writing 19 checks = fixed cost + (variable cost x 19)

$10.75 + (19 x 0.14) = $13.41

$13.41 is less than $13.50, so, Tori, should not switch

To learn more about fixed cost, please check: https://brainly.com/question/25879561

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