Which statement or statements accurately describe a good way to avoid excessive service fees? I. Try to deposit money in large batches rather than in small amounts. II. Try to limit the number of withdrawals you make from out-of-network ATMs. III. Try to avoid using your debit card online. a. I and II b. II only c. III only d. I and III

Option B: II only

Step-by-step explanation:

Looking at the statements;

In statement I, whether making big at once or small deposits periodically, they have no impact in terms of charges from banks because banks don't charge any excessive fee for direct deposits.

In statement II, using out of network ATM would mean more excessive service fees. This is because your host bank which issued you the ATM card will charge you for using a non - network machine. In addition to that, the ATM operator where you are withdrawing from will also charge you a fee. This is double charge from 2 streams thus avoiding it will mean no excessive charges.

In statement III, some banks may or may not issue some fee for making online transactions with debit card depending on what exactly you want to do. However, it's just a small fee and thus, using it doesn't cause excessive charges.

Thus, the one to avoid will be statement II.

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of