Ask Question
16 May, 01:49

Scenario: In one year, a bank pays 2% interest on a $1,000 deposit. The same year, the bank charges 12% interest on a $1,000 loan.

How much profit does the bank make at the end of the year in this scenario?

+3
Answers (1)
  1. 16 May, 05:43
    0
    The answer would be 100 A on e2020
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Scenario: In one year, a bank pays 2% interest on a $1,000 deposit. The same year, the bank charges 12% interest on a $1,000 loan. How much ...” in 📙 Mathematics 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