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Business, 14.04.2020 23:07 krlx

Consider a bank with the following income statement: It has $100 in loans with an interest rate of 5 percent; $50 in security holdings, paying 10 percent; noninterest income of $10; $100 in savings accounts that have an interest rate of 2.5 percent; and other expenses of $15. Its total income is , total expense is , and profit is .

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