Krawczyk Hair Products had an average ledger balance of $750,000 last month, and average deposit float was

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Krawczyk Hair Products had an average ledger balance of $750,000 last month, and average deposit float was $80,000. The reserve requirement is 10%, and the bank pays an earnings credit rate of 0.93%. There were 31 days is the billing cycle. What was the earnings credit for the month

Posted Date: May 18, 2024 01:04 PM

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Krawczyk Hair Products had an average ledger balance of $750,000 last month, and average deposit float was

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