2.6 A cash withdrawal of R1 500 at another ATM. 2.7 Two debit orders. 2.8 One Stop Order 3. Write down the monthly banking fee for each account: 4. Copy and complete the table to calculate the total banking cost (monthly fees and transaction fees) for a client who made the transactions in 2.1 to 2.8. COMPARISON OF MONTHLY BANKING COSTS OF BANK A & BANK B Transaction as in BANK A BANK B Cheaper Difference 2.1 2.2. 2.3 2.4 2.5 2.6 2.7 2.8 TOTAL 5.1 Which Bank is the cheaper for a client who normally has the same type of transactions as in 2 when the monthly bank fee is also taken into account? 5.2 Do you think the same bank would necessarily be the cheapest option for all people? Motivate your answer. 6. Petros is an entrepreneur who paints houses. He gets paid on a regular basis in cash which he then deposits into his account. 6.1 Copy and complete the table below to show the transaction fees for both banks on deposits of different amounts. Amount deposited (R) R100 R200 R300 R400 R800 R1000 Cash deposit fee at Bank A(R) Cash deposit fee at Bank B (R) 6.2 On the same set of axes, use the information in the table to plot the points showing the graphs of the above-mentioned. Join the points plotted. (Hint: Label the axes as follows: horizontal-axis: Amount withdrawn (1 cm or 1 unit = R100) and Vertical-axis: Fees charged (1 cm or 1 unit = R100)) Remember to supply the graph with a suitable heading and to label the graphs. 6.3 Use the break-even-point to determine which bank will be more suitable for Petros. Motivate your choice(s) 7. Supply reasons why banks have to charge fees.