True Fale Questions 1-10 Spread is the difference between the interest a bank charges for loans and the interest a bank pays for deposits C True O False Banks use your money to make money. C Tive False The money a bank pays a depositor for use of them money is called interest. C Tme _ False Banks make the majority of their money from investments. C True . False Banks make money only by making loans. True E False Same benefits as online banking However, depending on the mobile device, it may not be easy to type in as much information as is possible with online banking -+ Outstanding checks [ Trel! False The balance of the bank statement on the last day of the previous mouth is the beginning balance in the next mouth. - Savings Account [ Truely False