In a recent year a bank earned 12 million in interest on, Ask an Expert

Economics

In a recent year, a bank earned $12 million in interest on its assets of $177 million, it paid out $8 million in interest on its liabilities (excluding capital) of $172 million, and it paid its workers $3 million in total compensation. The bank's spread is

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91570040

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