Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Online-only banks and/or neo-banks tend to offer _________ savings rates because they don't have to factor in the costs of physical branches (and therefore, have
Online-only banks and/or neo-banks tend to offer _________ savings rates because they don't have to factor in the costs of physical branches (and therefore, have reduced overhead expenses).
Group of answer choices
Higher
Lower
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started