Why is there a difference between interest charged and interest earned? A) Banks are non-profit institutions. B) Banks are profit-making institutions. C) Banks must pay more than they receive. D) There is no difference between interest charged and interest earned.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why is there a difference between interest charged and interest earned? A) Banks are non-profit institutions. B) Banks are profit-making ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
If Carol's disposable income increases from $1,200 to $1,700 and her savings increases from $200 to $300, then: marginal propensity to save is three-fifths. marginal propensity to consume is one-half. marginal propensity to consume is four-fifths.
Answers (1)
Tessa is trying out a new vinaigrette recipe and can't remember the common ingredient ratios. Which of the following is the typical ingredient ratio for making a vinaigrette? A. 2 parts oil, 2 parts vinegar B. 2 parts oil, 3 parts vinegar C.
Answers (1)
Edith works for Fast Trades, Inc., a brokerage that facilitates frequent, quick securities transactions for investors. Edith steals her employer's computer program to start up her own competing business, Get Rich Quick, Inc. This is a. robbery. b.
Answers (1)
Tannen Industries is considering an expansion. The necessary equipment would be purchased for $18 million, and the expansion would require an additional $2 million investment in net operating working capital. The tax rate is 40%. a.
Answers (1)
Insurance companies facilitate the transfer of risk from Multiple Choice those who have a low-risk tolerance to those with high risk-tolerance. insurance policyholders to the government.
Answers (1)
New Questions in Business
Identify the features of stocks and bonds. (Must be used once for either Stock or Bond) Ex. Stock - Face value & closing price Bond - Coupon Rate & Maturity Date] Or any other mix and match A. Face Value B. Closing Price C. Coupon Rate D.
Answers (2)
Businesses use different strategies to compete in global markets. The key strategies include licensing, exporting, franchising, contract manufacturing, international joint ventures and strategic alliances, foreign subsidiaries, and foreign direct
Answers (1)
Which of the following are examples of hidden unemployment? Select the two correct answers below. Select all that apply: John is 15 years old and even though he wants to find summer job, he can't.
Answers (1)
Direct comments taken from another author do not have to be paraphrased
Answers (1)
Mattel wanted to determine if a new toy would appeal to preschoolers, so it put six 4-year-olds in a room with several toys and waited to see which ones they played with. what form of research is this?
Answers (1)