At the end of the month, ann looks at her bank statement and finds that the bank charged her a fee for going below the minimum balance required for her account. the payment that caused her to go below her minimum balance was a payment for her utilities bill for the month. how could ann have prevented this fee?

Ann could have prevented this fee by finding out what her banks minimum balance was in order to avoid the fee, then making sure that she never draws down funds that would bring her balance below that minimum.

Let me know if you have any questions.

Ann could have prevented this in a number of ways.

Firstly, she could have withdrawn money from her savings in order to make up the difference. This would have kept her balance higher and she could have replenished it later.

Secondly, she could have used a credit card to pay her utilities bill and then paid it off later. This would have cost her interest, but that amount would have likely been lower than the fee.

Lastly, she could have paid her bill late. This may have resulted in a fee, but that fee may have been less than the one her bank was changing.