For banks,online transactions are an inexpensive alternative to branch banking.Transaction costs are about ________ per online transaction versus ________ at a physical branch.
A)2 cents;$1.07
B)15 cents;90 cents
C)25 cents;50 cents
D)50 cents;$1.07

Question

Quizplus · Accepted Answer

According to the information provided, transaction costs for online transactions are about 2 cents, whereas transaction costs at a physical branch are $1.07. Therefore, option A is the correct answer. Options B, C, and D can be eliminated as they do not match the given costs.

For Banks,online Transactions Are an Inexpensive Alternative to Branch Banking