You are examining your choices of banks to open a new savings account. Costs include monthly maintenance fees and statement copy

Question

3 years ago

15

You are examining your choices of banks to open a new savings account. Costs include monthly maintenance fees and statement copy

fees. Income can come from ___________. a. Overdraft fees b. Debit cards c. Minimum monthly balance d. Interest on deposits

Business

2 answers:

lukranit [14] · Answer 1 · 2022-05-18T11:54:57+03:00

The answer is: d. interest on deposits

Interest on deposits refers to the amount of interest payment that the banks would give to account owner for keeping a certain amount of balance in their institutions. The number of this interest is usually really small, (on average it is usually around 0.01%)

e-lub [12.9K] · Answer 2 · 2022-05-18T13:11:55+03:00

e-lub [12.9K]3 years ago

6 0

The answer is D.Interset on deposits. I just had that question and I picked B. and I got it wrong the correct answer is D.