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22 March, 09:52

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?

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  1. 22 March, 10:52
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    The answer would be 100 A on e2020
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