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Interest Expense on NonInterest Bearing Deposits : $0 Interest Expense on Interest Bearing Deposits: $25 NonInterest Bearing Deposits Average Balance: $15,000 Interest Bearing Deposit Average
Interest Expense on NonInterest Bearing Deposits : $0
Interest Expense on Interest Bearing Deposits: $25
NonInterest Bearing Deposits Average Balance: $15,000
Interest Bearing Deposit Average Balance: $5,000
What is the Total Deposit cost?
Group of answer choices
0.125%
0.5%
2.00%
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