18-119 What is the average return (both explicit and implicit) earned by the account holder if the bank pays interest on only the amounts in excess of the required minimum of $200?
A) 2.01 percent.
B) 2.65 percent.
C) 3.78 percent.
D) 5.35 percent.
E) 6.13 percent.
Correct Answer:
Verified
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Q122: 18-127 If over the first 12 days
Q123: 18-125 What is the gross reserve requirement?
A)$74.653
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