Question: A certain bank had 2,000 consumer checking account customers at the start of June. During the month of June, the bank opened 200 new accounts.

A certain bank had 2,000 consumer checking account customers at the start of June. During the month of June, the bank opened 200 new accounts. During the same month, the bank had 300 customers close their accounts. Based on this data, what is the bank's churn rate for June? About 3.5% About 4.2% About 1.8% About 5%

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