Question

How does a bank make most of its profit on its business

a. by collecting fees on credit card purchases.B)by collecting fees on safety deposit boxes traveler's check,and certified checks.C)by receiving fess from the government for handling federal and state accounts.D)by paying out less in interest on deposits than it earns in interest on loans.

Answer 1

The correct answer is D. By paying out less in interest on deposits than it earns in interest on loans. Correct answer for Gradpoint

Answer 2

This was tough but your answer is D happy new year. And merry Christmas