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Question 15 Suppose Bank Marginal currently has $200 million in regular savings deposits. The bank currently pays a 2.00% interest rate on savings. The bank

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Question 15 Suppose Bank Marginal currently has $200 million in regular savings deposits. The bank currently pays a 2.00% interest rate on savings. The bank estimates that if it raises the rate on savings deposits to 2.20%, its regular savings deposits would increase by $80 million. What would the marginal cost be for the additional funds raised? Question options

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