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The spread of the bank is 4.00%, the yield on earning assets is 6.00%. If the banks' interest rate funds are $1,000,000, then the interest

The spread of the bank is 4.00%, the yield on earning assets is 6.00%. If the banks' interest rate funds are $1,000,000, then the interest expense of the bank is DONT USE COMMA SEPARATOKS. PRESENT YOUR ANSER ROUNDED TO O DECIMAL PLACES

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