Mathematics, 30.03.2021 19:40 jayla69
Noah has an account with a bank and he has $400 worth of deposits upon which he earns 1% interest. He then takes a loan with the same bank who gives him $200 with an interest rate of 4%. Does the bank make money off of this transaction? How much does the bank make/lose?
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Noah has an account with a bank and he has $400 worth of deposits upon which he earns 1% interest. H...
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