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Answer: A low or zero minimum balance account with low- to moderate-item charge/activity fees account.
## Explanation College students typically have limited financial resources and may not be able to maintain high minimum balances. Therefore, accounts with **low or zero minimum balance requirements** are more appealing to them. Additionally, students often conduct frequent, small transactions, so **low to moderate item charge/activity fees** are preferable to avoid excessive costs. - **Option A**: High minimum balance accounts are not suitable for students who may not have substantial funds. - **Option B**: High minimum balance combined with high fees is the least attractive option for students. - **Option C**: This option aligns with student needs—low minimum balance and reasonable fees. - **Option D**: While the low minimum balance is attractive, high fees would deter students from frequent transactions. Thus, **Option C** is the most appropriate choice for attracting college students.
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A bank is located near a college campus and would like to attract students to the bank. Which of the following conditional pricing demand deposit accounts would most likely appeal to a college student?
A
A high minimum balance, no item charge/activity fees account.
B
A high minimum balance, high item charge/activity fees account.
C
A low or zero minimum balance account with low- to moderate-item charge/activity fees account.
D
A low or zero minimum balance account with high item charge/activity fees account.
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