The difference between what a bank pays in interest and what it receives in interest is called
A)profit.
B)spread.
C) gross interest income.
D) loss.

Name: The difference between what a bank pays in interest and what it receives in interest is called A)profit. B)spread. C) gross interest income. D) loss.
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Question

Quizplus · Accepted Answer

The difference between what a bank pays in interest and what it receives in interest is called the spread. This represents the profit that the bank makes from lending and investing activities.

The Difference Between What a Bank Pays in Interest and What