A bank estimates the amount of money on a deposit will be 1, Financial Management

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A bank estimates the amount of money on a deposit will be 1

A bank estimates the amount of money on a deposit will be 1 million times the percentage rate of interest. For instance, if they pay 3% they will generate 3 million in deposits. If they can load all teh money they tak in at 10% interest, what interest rate on deposits will generate the best profit.

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Financial Management: A bank estimates the amount of money on a deposit will be 1

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Financial Management: A bank estimates the amount of money on a deposit will be 1

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