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4.) Suppose the bank pays savers 3.5% and charges borrowers 7% who pay their loans on time and in Full. Assume that there is 1.5%

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4.) Suppose the bank pays savers 3.5% and charges borrowers 7% who pay their loans on time and in Full. Assume that there is 1.5% administration expenses associated with operating the bank. If the quantity of loanable funds is $2 million. what are the bank's total profits

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