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QUESTION 20 A bank borrows at 3 20% and lends at 5.40% What is this bank's Net Interest Margin? QUESTION 21 If you deposit $1,000
QUESTION 20 A bank borrows at 3 20% and lends at 5.40% What is this bank's Net Interest Margin? QUESTION 21 If you deposit $1,000 in an account that earns 5% per year compounded annually, you will have $1.276 at the end of five years What would be the balance in the account at the end of five years ir interest compounds monthly
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