Social Studies, 19.11.2020 19:10 alott1121

A new bank attracts customers by not charging any fees and paying an average of 2 percent on deposits. To ensure that it will have customers for years to come, the bank is charging 1 percent on loans. What is the bank’s financial outlook?

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A new bank attracts customers by not charging any fees and paying an average of 2 percent on deposit...