Question

Scenario: In one year, a bank pays 2% interest on a $1,000 deposit. The same year, the bank charges 12% interest on a $1,000 loan.

How much profit does the bank make at the end of the year in this scenario?

Answer 1

the answer would be 100 A on e2020

Answer 2

Answer:

A. $100

Step-by-step explanation:

On Edge